Oireachtas Joint and Select Committees

Wednesday, 15 May 2024

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Impact of Artificial Intelligence on Businesses: Discussion

Ms Hilary O'Meara:

It is really about reflecting on all the opportunities there are in Ireland.

Ireland has led the way over the past ten years in our economic growth on the back of our investment in technology and other industries. We do not want to lose that competitive advantage. When I pay attention to what is going on in the advancement of technology, there are so many big, open questions the world is grappling with. We are still figuring them out because it is early days in this new generative AI journey. Perhaps it is time for us to convene. We have so many of the tech firms working in Ireland. We have business and we have academia and the Government. As we are a small country, we are quite agile and we are good at engaging with one other. Is there a way to bring that power together and debate some of these issues to bring? It is conversations like this, just probably on a bigger scale that would bring clarity. How it would be done would be determined by whoever would take on the responsibility for doing so. I know there is the global economic summit happening next week at which we are convening business, academia and Ministers. On the global stage we will be debating some of these topics. We could do a very concentrated version of that and come up with some really good ideas. If we have learned anything with our research and development centre, the Dock Innovation Hub, it is that when different people from different backgrounds are brought together to talk to one another, great ideas come. That would be of huge benefit. We could then choose the ten best ideas coming out of the process. I would love to see it being action orientated. There is a huge opportunity for us to do something together. That is my suggestion.