Consultancy firm McKinsey and daily business newspaper "Handelsblatt" awarded three startups the 2017 German Digital Award for three very different business solutions. Smartphone app "Plantix" by the company PEAT from Hanover uses machine learning and image recognition to identify plant diseases and provide recommended treatments.
Hamburg-based company Cargonexx applies self-learning algorithms to streamline heavy goods transportation processes. And SMACC from Berlin optimizes operational finance processes for SMEs with a cloud-based solution.
Innovative ideas – but many people don't necessarily consider these developments to be positive. The "Sex, lies and A.I." study issued by advertising agency SYZYGY has revealed that one in every four people in Germany fears that artificial intelligence will jeopardize jobs. Respondents estimated that about one-third of tasks could be performed by intelligent machines or algorithms.
The list of fears was also topped with invasion of privacy, manipulation by criminals, and machine takeover.