Is AI enough to take Hungary to the next level?

Artificial Intelligence has been pretty much officially recognized as the focus technology of the majority of the world in 2019 and 2020. The sheer amount of growth that this tech sector went through last year and the plans that multiple tech companies are building for it in 2020 are sometimes impossible to imagine.

However, when it comes to AI taking its place within a governmental organization or in government space it’s obvious that the biggest users are currently in the Eastern part of the world. This includes countries like China, South Korea, and Japan.

However, European countries have started to look at technology as a perfect way to upgrade their performance in the future.

Estonia has definitely been looking into this innovation for the past couple of years with Finland, the UK, and France following suit.

When it comes to Hungary though, the country saw its first AI organization in 2018. In November of that year, the AI coalition was created that was tasked to find ideal industries and sectors to implement this technology. As of right now, the coalition is mostly considering the implementation of AI into government sectors in order to speed up and improve their agencies.

But it can’t be denied that this technology needs to touch the Hungarian private sector as well.

The entertainment industry stands to benefit

When it comes to the private sector, Hungary has already seen AI at work in a couple of its largest corporations. Waberer and Praktiker are the first to come to mind in this case as their implementation of this technology have been exceptionally successful.

These two corporations are nothing but proof that AI can work in Hungary, but where?

Looking at the world’s use of technology it becomes pretty safe to say that the best place to take this innovation is the entertainment industry.

Just looking at countries that are just now starting to embrace these innovations, it can’t be denied that video games, streaming services, and other entertainment sectors are the heaviest users.

A primary example of this is the iGaming industry in Australia, which is now starting to unilaterally switch their customer service and main value source to AI. Simply taking a look at online slot games in Australia is already enough to understand why people like the innovation so much as well as the corporations themselves.

The main reasons include the faster approach to things such as customer support, access to games and, of course, HR cost reduction.

Considering that Hungary has an up and coming entertainment industry due to all the tourists, it’s a perfect opportunity to merge AI into it.

Speaking of tourism…

The tourism industry

Hungary’s tourism industry seems to be flourishing due to the relatively more budget destinations that the country can offer.

Budapest has always been a Summer hotspot for most people, but it is quickly becoming an off-season, Winter destination as well due to lower prices and more available spaces in local hotels.

However, the growth of the number of tourists means that the growth of hotels, destinations, guides, and various other utilities needs to be guaranteed as well. Unfortunately, this is very hard with the limited manpower that this industry has in Hungary.

Luckily for all tourist companies, there is more than enough space for AI to take over the costs as well as the responsibilities of helping tourists get accustomed to the local culture as well as discover all the locations they’ve come to see.

Everything can include AI

These two industries may have been very specific, but it does not mean that they are the only options for Hungary. AI can be used literally everywhere, starting from agriculture and ending with space engineering.

The versatility of the technology cannot be denied, and neither can the willingness of Hungarians to use it.