The pivotal role the Icelandic Institute for Intelligent Machines (IIIM) played in Iceland’s AI readiness and IIIM’s contribution to Iceland’s post-crisis recovery, was recently detailed in a thorough report produced by the Canadian research outfit Small Globe.
Following the 2008 world-wide financial meltdown, Iceland needed innovative solutions to rebuild its economy. The establishment of IIIM in 2009 turned out to play an important part in that process. Leveraging artificial intelligence and robotics in economic revitalization is a strategy for long-term growth.
Since its inception, IIIM has developed into a self-sustaining, world-renowned research facility that bridges the gap between academic research and industry-driven development. Many of its projects are open-source, allowing for wide-reaching impact across organizations and countries, which aligns with its mission to provide AI solutions for the betterment of society.
IIIM has also taken a leadership role in ethical AI development and advising European governments about AI strategy. Its Civilian AI Ethics Policy, introduced in 2015, underscores its commitment to ensuring that AI research and development are conducted responsibly, balancing both technical and ethical considerations.
The institute has demonstrated its value by providing AI-driven solutions tailored to Icelandic industries. One such achievement was the development of an AI tool aimed at tackling youth substance use, a pressing issue in Iceland. This highlights not only IIIM’s technical capabilities but also its commitment to applying technology to societal problems. The institute’s ability to work across sectors—from private enterprises to public institutions—has helped redefine the role of AI in the Icelandic economy, showing it as a tool for both innovation and societal progress.
IIIM’s influence now extends beyond Iceland, with nearly half of its research collaborations involving international partners. Through partnerships with universities such as Reykjavik University and the University of Camerino, IIIM has created numerous opportunities for young researchers. These collaborations have boosted Iceland’s global presence in AI research, attracting international talent and fostering the next generation of AI and robotics experts, ensuring that Iceland remains connected to the broader European R&D community, securing its place in AI research for years to come.
Resources:
Thorsteinsdóttir, H. (2024). Impact Analysis: Strategic Initiative on Centres of Excellence and Clusters. Small Globe Inc., Rannís. https://www.rannis.is/media/rannsoknasjodur/Small-Globe-Impact-Analysis-Centres-of-Excellence-Initiative.pdf