Aalborg University Launches Groundbreaking AI Research: Bridging Responsible AI with Value Creation

Aalborg University (AAU) has embarked on an ambitious four-year research venture backed by a DKK 24 million investment from the Grundfos Foundation. Titled 'Responsible AI for Value Creation', the project is set to be a paradigm shift in AI research by marrying technology, ethics, and regulation with the concept of value creation in the context of AI. Directed by Thomas B. Moeslund, the initiative will scrutinize the multifaceted nature of AI, exploring its societal implications and the challenges and opportunities it presents for businesses. With the AI market booming, there's growing concern about potential over-regulation, which might hamper European AI development. Through specific AI case studies, the team seeks to demonstrate the potential for deploying AI responsibly while adding value. The project also seeks to influence AI legislation and policies, collaborating with consulting firm Mandag Morgen to foster communication with a broad array of stakeholders.