The Web Summit 2024, held in Lisbon, showcased the latest advancements in technology, with a significant focus on artificial intelligence (AI). Over 3,000 companies from various countries participated, presenting innovations ranging from AI-driven solutions for sustainable forestry to futuristic urban mobility concepts. The event highlighted the transformative potential of AI across multiple sectors, emphasizing its role in addressing pressing global challenges.
The Rise of Artificial Intelligence
The Web Summit 2024 marked a significant moment for AI, with numerous startups demonstrating how the technology can solve real-world problems. For instance, WoodChat, an AI system, allows users to identify lumber types via WhatsApp, facilitating legal compliance in wood exports from Brazil to Europe. This innovation not only streamlines the certification process but also helps combat illegal logging practices.
Innovations in Travel
Another interesting startup at the summit was Tryp, a startup founded by Portuguese entrepreneur André Sousa. Tryp utilizes AI to analyze a vast database of flights, trains, and buses, creating affordable travel packages. For example, travelers can book a round trip from Lisbon to Malta and Rome for just 66 euros, showcasing how AI can enhance consumer experiences while reducing costs.
Rethinking Urban Mobility
The event also featured groundbreaking concepts in urban mobility. One notable exhibit was a hybrid vehicle that combines the features of a multicopter and an airplane, aimed at reducing pollution and increasing efficiency in transportation. Experts believe that with advancements in AI and semiconductor technology, such innovations could become a reality within the next decade.
Robotics and Education
Robotics was another key theme at the Web Summit, with products like Stella, a self-assembling robot designed for educational purposes. Stella not only performs tasks but also encourages students to engage with robotics, fostering creativity and problem-solving skills. However, the rise of robotics and AI also raises concerns about job displacement, prompting discussions on finding a balance between technological advancement and employment.
Future of the Web Summit in Lisbon
As the event concluded, questions arose regarding Lisbon’s capacity to host the Web Summit beyond 2028, when the current contract expires. Paddy Cosgrave, the CEO and co-founder of the Web Summit, expressed his desire for the event to remain in Lisbon, citing the city’s transformation into a tech hub over the past nine years. Despite concerns about venue capacity, the summit has significantly contributed to Portugal’s reputation as a leading entrepreneurship center in Europe.
With a record attendance of over 71,000 participants, the Web Summit 2024 not only showcased the latest in technology but also highlighted the growing importance of AI in shaping the future of various industries. The event served as a platform for innovators to connect, share ideas, and explore the potential of technology to address global challenges.
