💚 #CodeGreen: Engineering the Future of Sustainability with AI” event, where thought leaders met to explore the crossroad of #AI and #Sustainability.

💚👋 Welcome Addresses:
Ole T Horpestad, Royal Norwegian Embassy in Vilnius
Stein Ove Sektnan Chairman of the Board at NLCC
Romualda Stragienė CEO Innovation Agency Lithuania
Moderator Toma Vevelstad, Country Manager Office Samurai

Presentations and Insights:
💚 Gediminas Buivydas 🚀 Navigating the AI Revolution: #Decoding the #Future of Business, ISM University of Management and Economics.

💚 Signe Riemer-Sørensen “We Need #AI for the #GreenShift?”, compelling perspective from SINTEF, Norway.

💚 Ieva Martinkenaite “How to Leverage the #Power of #AI for #Green #Transition: Practical Lessons from Telenor, Norway.

💚 PhD Vytautas Šiožinys “Control of Engineering Systems Using AI and Digital Twin Technologies”, Supported by EEA and Norway Grants.

💚 Dr Edvinas Meškys “Aspects of AI” – A exploration from VILYS, MEŠKYS & PARTNERS LAW FIRM.

💚 “Skip the Bad Tomatoes: on Using AI to Reshape the World” – A fascinating journey presented by Marija Slavkovik, University of Bergen, Norway.

💚 Paulius Insoda NFQ & Panel Discussion, “AI FOR GOOD: EMPOWERING THE HUMAN RACE?” brought together diverse perspectives and dialogue on both positive and negative impact of AI and Humanity.

The challenges, opportunities, and green technologies of artificial intelligence (AI) were discussed at the Norwegian-Lithuanian Business Forum. The forum, organized by the Norwegian-Lithuanian Chamber of Commerce & Norwegian Embassy in Vilnius delved into topics such as how Lithuania utilizes funding from the “Norway Grants” program, the impact of AI on our daily lives, and the challenges AI is yet to overcome.

During the event, representatives from businesses and government institutions in Lithuania and Norway shared insights. Norway stands as Lithuania’s sixth-largest import partner, with annual imports totaling around 1.3 billion euros, including a significant portion for the liquefied natural gas terminal.

The forum emphasized the role of the “Norway Grants” program, a joint agreement among the EU, Iceland, Liechtenstein, and Norway, in contributing to Lithuania’s economic development. Approximately 30 projects, with a total value of 16 million euros, are currently being developed with the program’s funding.

While showcasing innovation examples funded by “Norway Grants,” including Gluk Media’s air-controlled holographic sensor interface and Aispeco’s autonomous data collection platform, Romualda Stragienė, the head of the Innovation Agency, highlighted the positive impact of the program on innovation, business, competitiveness, and green economy.

Despite the progress, Stragienė noted that Lithuanian companies still need to work on fully leveraging the opportunities provided by “Norway Grants,” with the current absorption rate at 42% as the program approaches its spring conclusion.

The forum also extensively covered AI and green technology issues. Norway’s Ambassador, Ole T. Horpestad, highlighted Norway’s commitment to AI, with a budget proposal allocating at least 85 billion euros over five years for its development. The Chairman of the Board of the Lithuanian-Norwegian Chamber of Commerce, Stein Ove Sektnan, expressed optimism about AI’s potential to address sustainability issues.

Gediminas Buivydas, the director of the ISM Management and Economics Digital Laboratory, discussed the future possibilities of AI. He emphasized the need for better communication between Lithuanian leaders and employees and AI, stating that most C-level executives and company employees currently lack the skills to interact effectively with AI.

Ieva Martinkėnaitė, the head of Research and Innovation at Telenor Group, spoke about the potential of generative AI in business, citing tools that can increase employee productivity by up to 30%.

However, Signe Riemer-Sorensen, the Head of Analytics and AI Research at SINTEF, pointed out that while the world celebrates advancements like “ChatGPT,” industrial AI systems have made only modest progress. She highlighted the need to find ways to employ AI in addressing global warming and other critical global issues.

The forum featured afternoon presentations from Vytautas Šiožinys, CEO of Energy Advice, Edvinas Meškys, Partner at Vilys, Meskys & Partners Law Firm, and Professor Marija Slavkovik from the University of Bergen.

The closing panel discussion explored regulatory issues and other challenges related to AI.

🙌 Organisers: Norwegian Embassy In Lithuania.
Partners: Innovation Agency Lithuania, EEA and Norway Grants.

Sponsors: Minordija, Jotron, Rystad Energy.

Furniture for the event by Ergolain!
Photos Ludo Segers

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