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Is the AI Bubble About to Burst? – Future Tech Fest 2024

There is a lot of talk about the "end of the AI hype" or the "burst of the AI bubble". It may be true that the AI hype is starting to die down. But if you belive in the Gartner hype cycle, real productivity with this technology is now starting to follow. The Future Tech Fest in Düsseldorf showed that this is not just an illusion. Germany's largest B2B startup expo and conference brought together more than 5,000 attendees from the corporate and startup worlds and more than 330 tech startups. 


The panelists of "Comprehensive Insights: Exploring the Practical Applications of AI": Sebastian Glock (Cognigy), Laszlo Friedmann (Fraunhofer IAIS, West AI) and Martha Giannakoudi (Synnous Consulting), moderated by Paul Krauß (ECODYNAMICS GmbH) at the Future Tech Fest
The panelists of "Comprehensive Insights: Exploring the Practical Applications of AI"


Where Germany's Tech Leaders Meet: Future Tech Fest Düsseldorf

The place where digital leaders network: Startups, corporates, investors and key players in the startup ecosystem met at Future Tech Fest 2024 on August 22. While more than 300 exhibitors showcased their B2B technology solutions at the expo, the main stage provided attendees with high-level content from world-class thought leaders. The vertical stages offered the opportunity to dive directly and deeply into discussions and keynotes on various specialized technology topics


Full Focus on AI: The AI Vertical Stage

One of these vertical stages was entirely focused on artificial intelligence. A wide range of AI companies and enthusiasts presented impressive use cases. It was clear to see that Germany's AI ecosystem has a lot to offer and that AI is more than just hype. A crucial point for the sustainable use of this technology: It can and will change many aspects of our lives in the long term – if it's not just for the sake of "having AI", but for a specific purpose.


IQONIC.AI at the Future Tech Fest

IQONIC.AI founder Martin Pentenrieder speaking at Future Tech Fest 2024
Martin speaking at Future Tech Fest

We too had the great opportunity to prove this at the Future Tech Fest, and show how IQONIC.AI is already changing and positively influencing the health and beauty industry today. Our CEO Martin pitched our company at the AI stage: With our technology, we enable companies to significantly increase engagement and sales, and consumers to achieve beautiful, healthy skin in the long term through true personalization. In the panel "Comprehensive Insights: Exploring the Practical Applications of AI" with Sebastian Glock (Cognigy)Laszlo Friedmann (Fraunhofer IAIS, West AI) and Martha Giannakoudi (Synnous Consulting), moderated by Paul Krauß (ECODYNAMICS GmbH), Martin then took a deep dive into the practical applications of AI and shared insights into IQONIC.AI.


Thanks to the Future Tech Fest for having us this year! The next edition will take place on September 11, 2025. Will you be there?


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