Behind The Story AI Special: The perils and promise of AI

The International AI Summit in Dublin, one of Europe's largest AI gatherings this year, is underway. The summit, hosted as part of Ireland's EU presidency, drew approximately 1,500 global tech executives, European regulators, and government officials. Key figures in AI, including Demis Hassabis, the architect of AI and a prominent figure in the field, addressed attendees, warning that recent AI-related hacking incidents serve as early warnings of potential major security breaches if systems are not fortified.

The summit explores AI research, innovation, safeguards, and security in the sector. Tech writer Liz Carolan of The Briefing.ie and Business Post Technology and Innovation Editor Charlie Taylor engage in discussions with attendees, including Tom Mackenzie, co-anchor of Bloomberg's "Opening Trade" and host of Bloomberg Tech Europe.

Mackenzie emphasizes that the rapid pace of technological advancement leaves companies, individuals, and governments grappling with the adoption of AI in a manner that is both safe and beneficial.

Mackenzie highlights national security and macro-economic concerns as significant issues arising from the competitive race among nations to lead in AI technology. Major players from Microsoft, Anthropic, Google Deepmind, and others are present at the summit, underscoring the critical nature of the discussions taking place.