Day 3 Key Takeaways
Day 3 of Web Summit 2024 brought fresh insights across AI, design, and social innovation. With a full lineup of speakers, sessions, and product showcases, attendees gained valuable knowledge on how technology is reshaping work, creativity, and global connectivity.
- Meet your new Robot Co-Worker – Peggy Johnson, CEO of Agility Robotics, introduced Digit, a 72 kg, 1.75 m bipedal robot designed for safe and seamless human collaboration. In an engaging demo, Digit folded laundry on stage, showcasing its abilities through vocal commands. Currently operating with a 4-to-1 work-to-recharge ratio (4 minutes of work to 1 minute of charging), the next generation aims to achieve a 10-to-1 ratio, promising even greater efficiency and adaptability for labor-intensive tasks.
- Connected in a disconnected world – Bumble CEO Lidiane Jones spoke about technology’s potential to counteract social isolation and loneliness, emphasizing Bumble’s role in fostering meaningful connections in today’s digital world.
- Revs to Revenue: Fuelling the creator economy – Supercar Blondie’s Alex and Nik Hirschi shared insights on turning passion into profit within the creator economy. They stressed the importance of authenticity, visual storytelling, and staying true to one’s brand vision, especially in their new venture, SBX Cars, a premier online auction platform for supercars and luxury vehicles. “Stay authentic, be true to yourself, and let that drive your work. Start with a strong visual focus, crafting your story around it—edit videos without sound to test if the first 5 seconds grab attention. If it doesn’t catch the eye, refine it until it doe”, Alex advised.
- Marketing mastering in the AI era – Qualcomm CMO Don McGuire and Code and Theory CEO Michael Treff highlighted AI’s essential role in modern marketing, describing it as a ‘yin and yang’ balance that frees up time for high-value creativity. They identified two AI adoption paths: individual and enterprise. They emphasized that effective brand storytelling should build connections through love, profitability, and loyalty.
- Generation no Compromise: The art and science behind designing for today’s audiences – Logitech’s Chief Design Officer Malin Leschly stressed the responsibility of sustainable design. By tracking metrics across a product’s lifecycle, Logitech innovates with materials like Next Life Plastic to reduce environmental impact.
- AI’s Next Phase: Creativity for a new era – Picsart founder Hovhannes Avoyan and Getty Images’ Daine Weston discussed their collaboration to bring AI-driven imagery to Picsart’s platform. They encouraged brands to integrate AI into creative workflows to strengthen brand identity while adhering to ethical standards.
- Why creatives matter more in a world of GenAI – Adobe’s Claire Darley and Andy Lambert argued that while AI boosts productivity, human creativity remains irreplaceable. They view AI as a tool to inspire rather than replace original thought. Companies are leveraging AI not just for productivity, but to imagine new possibilities, as AI fuels human creativity.
- Code of ethics: combating spyware – In a session on digital privacy, experts discussed spyware like Pegasus, urging developers to implement ethical guidelines and use tools like MVT to secure devices from unauthorized access.
- AI in fraud detection – As financial fraud evolves, AI is playing a crucial role in detection. Experts noted that fraud follows the money, and advancements in AI are helping companies stay ahead of increasingly complex schemes.
Highlighting the Irish startup scene, TRANSLIT offers on-demand interpreting across 200+ languages, while HappyStack is helping e-commerce brands scale efficiently with curated SaaS tools. Precision Sports Technology provides real-time feedback to athletes, enhancing performance and safety without wearables.
The community focus continued with over 250 meetups, covering interests from “Women in Tech Connections” to “CleanTech”. Web Summit’s networking events are enabling attendees to build connections that go beyond the traditional conference experience, fostering lasting industry relationships.
Stay tuned on How About Tech for daily insights as Web Summit 2024 continues to unveil the future of technology and business innovation.
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Day 2 Key Takeaways
Day 2 of Web Summit 2024 has set an exciting pace, delivering key insights across AI, media, global trade, and 13 other tracks. With 71,528 attendees, including tech leaders, investors, and startups, the event opened with a strong focus on groundbreaking technology and transformative strategies that promise to redefine industries.
- The Next Great GPT – Brad Smith, VP at Microsoft, presented Microsoft’s vision for the future of AI, emphasizing the importance of responsible AI innovation and ethical considerations. He highlighted AI’s potential to drive positive societal impact, calling for a balance between technological advancement and responsibility.
- It’s TIME for a new era – Jessica Sibley, CEO of TIME presented the bold decision to remove its digital paywall in 2023 marked a shift towards democratizing access to journalism. Sibley discussed how the magazine is evolving, moving to a B2B revenue model, expanding new platforms, and building global communities. This shift aligns with TIME’s mission to connect with its 120-million-strong global audience.
- Beyond chatbots: How AI will redefine global trade – Kuo Zhang, President of Alibaba.com, explored the transformative power of AI in global trade, focusing on how AI will move beyond chatbots to connect small businesses with global supply chains. He pointed to new AI-driven solutions that simplify and scale international trade for entrepreneurs.
- The new normal for enterprise AI – Jasper’s CEO Timothy Young and CMO Loreal Lynch showcased the impact of purpose-built AI and how it can drive real impact across industries with a lively live demo, introducing Jasper’s new tools; Marketing IQ, which leverages best practices from the past 30 years, and Brand IQ, which integrates voice, style, and visual guidelines for brand consistency.
- Harnessing Edge AI for Industrial Transformation – This session covered advancements in AI-operated lasers for manufacturing, spotlighting how real-time error correction with AI integration can lead to higher-quality industrial output.
- Launching a New Space Economy – Experts from Nokia Bell Labs shared their vision of a $1.8 trillion space economy by 2035, underscoring the critical role of space communication and innovation.
- Design for everyone: Accessibility at Apple – Sarah Herrlinger, Apple’s Global Head of Accessibility, shared insights on how accessibility is embedded into Apple’s products, services, and culture. For over 40 years, Apple has prioritized inclusive design, keeping disability at the forefront. She highlighted how AI and machine learning are enhancing experiences for all users, as Apple reinforces its commitment to accessibility as a fundamental human right.
- Cutting through the hype: The brand playbook for GenAI – Marketing experts showcased the rapid adoption of AI, sharing best practices, real-world applications, and actionable steps for marketers to stay ahead. Tasks involving reading and writing now see a 90% time reduction, media campaign analyses are completed in 1 hour instead of 10, new product ideation is delivered 60% faster, and costs are reduced by 15%. Over the next 3 to 4 years, every major brand is expected to reduce content creation teams by at least 15%, as generative AI becomes integral to all content worldwide. The future of search will shift to SGE, focusing on AI’s interpretation of brand identity.
- Everything everywhere all at once: The future of commerce & Creativity – Tiffany Rolfe, Global Chairman and Chief Creative Officer at T/GA, offered a glimpse into the future of commerce and creativity with an engaging demo, showing how AI is reshaping digital transactions into inspirational experiences through AI-powered personal assistants. As the boundaries between marketing and purchasing fade, the moment for brands to differentiate themselves is now.
- You can’t sell thirsty – Joey Camire, Chief Strategy Officer at Sylvain, highlighted how brands are playing it too safe, becoming predictable, and losing consumer engagement. In a world that values authenticity, prioritizing quality over quantity is key.
- Brand ambition: levelling up your LinkedIn presence – Grace Beverley, Patrick Shea-Stamford, and Mary Bekhait explored strategies for founders to elevate their personal and company brands on social media. In a world where standing out is tougher than ever, they outlined key advice: focus on quality over quantity, stay authentic, and remember that ‘people buy people’, so invest in personal branding. Continuously ask why others should know your brand, and make sure your content answers that question every time.
Today’s masterclasses from IBM, Visa, and Adobe were a major draw, with topics covering AI for enterprise transformation, the future of digital business, and more. Roundtables provided interactive, 45-minute discussions where attendees engaged with industry leaders on some of the most pressing tech and business issues. Popular sessions included The Art of Going Public and Impact vs. Profit: Finding Balance as an Investor.
This year, Web Summit emphasizes community with over 250 meetups supported by Summit Engine software, allowing attendees to connect through shared interests. From ‘Women in Tech Connections’ to ‘CleanTech’ and ‘FashionTech’ groups, the event is creating meaningful networks across the tech landscape.
Stay tuned on howabout.tech for daily updates as we dive deeper into each track and bring you insights from tech’s brightest minds!
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The annual Web Summit, one of the world’s largest technology conferences, is underway at the MEO Arena in Lisbon, gathering over 70,000 attendees from across the globe. How About Tech is on-site to bring readers a daily breakdown of insights, trends, and highlights from this 4-day event, which spans 15 unique tracks covering the newest breakthroughs in technology and innovation.
Each track provides a deep dive into different sectors and challenges within the tech world. The AI Summit delves into ethical, regulatory, and employment impacts of artificial intelligence, while the Commerce Summit explores sustainability and the digital transformation of the business landscape. The Corporate Innovation Summit sheds light on the adoption of emerging tech like AI and blockchain within enterprises.
Other key tracks include the Developer Summit, which focuses on security, DevOps, and the integration of AI in development; the Fintech Summit, discussing digital payments and regulatory challenges in financial tech; and the Government Summit, which addresses the intersection of technology, politics, and disinformation.
Startups and entrepreneurs will find valuable insights at the New Venture Summit and Growth Summit, covering topics like fundraising and startup culture. Meanwhile, the People Summit will explore workplace transformation, talent acquisition, and the future of employment in an era of automation.
We’re thrilled to be here and ready to connect with some of the industry’s brightest minds. Stay tuned for How About Tech’s daily coverage, delivering fresh insights and perspectives, straight from the frontlines of Web Summit.
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