The annual AI Festival, Gervigreindarhátíðin, was held on November 11th 2016 at Reykjavík University (RU). Over 150 attendees flocked to learn about the latest advancements and the progress that artificial intelligence has made this year and half as many watched a live feat of the lectures online.

The aim of the AI Festival is to raise awareness of AI and high-tech companies among both the general public and industry players. This open forum allows the cluster of high-tech companies in Iceland to incoprorate artificial intelligence for a unique to problem solving.

Continue reading AI Festival great success →

The Reykjavík Grapevine just published an article by Paul Fontaine  with an interview with IIIM’s director, Kristinn R. Thórisson. Kristinn talks about what artificial intelligence is, where it’s heading, and the implications it holds for the rest of us humans.

You can red the article here.

As artificial intelligence and extensive automation invade our daily lives, what are the implications for our economic systems? Can artificial intelligence help us with the grand challenge of the 10 hour work week promised at the beginning of the 20th century? Or will ever more automation in finance and production lead to the destruction of the very financial system that’s created them?

This will be the focus of this year’s AI Festival held Friday the 11th of November at Reykjavík University.

The keynote speaker at this year’s festival is Prof. Dr. Doyne Farmer who has advocated for reforms in economic research and theory: https://www.youtube.com/watch?v=7yUqM75SLIU

Dr. Farmer is a Professor at the Mathematical Institute at the University of Oxford and Director of the Complexity Economics program at the Institute for New Economic Thinking (INET), as well as being an External Professor at the Santa Fe Institute. Continue reading AI Festival 2016: Artificial Intelligence and the Economy →

Alþingi, the Icelandic parliament, voted last week to have the minister of foreign affairs apply, on Iceland’s behalf, for membership to the European Space Agency (ESA).

IIIM supports Parliament’s application and believes it would open up new opportunities in research and co-operation in the high tech sector.

Space agencies around the world are at the forefront of designing and utilizing high technology. Astrological research, space travel, the design and management of space stations, energy research and theories about the origin of the universe all build on the latest technology, especially software. In space science software is necessary for data collection and data processing, the making of simulations, autonomous steering of vehicles, laser beams, telescopes and measuring equipment. Continue reading Iceland to become a member of the European Space Agency →