From investment funds to drag queens: key moments of the second day of the Web Summit
Even before the event started, Web Summit was already making a big announcement: Web Summit will be happening in Tokyo in 2021. This does not mean a relocation from Lisbon. It means there will be two events and the goal is to have one event per continent. In Africa and the Middle East is expected to happen in 2023.
As in the first day, at 12 noon, the site where the entirely online conference is taking place, multiplied in lectures, conversations, roundtables, masterclasses, meetings and mingles. These were some of the most memorable moments of the day.
“So 20 years [so far is] a long career, but [I’m] 57 years old – very young in relation to my job – so I wouldn’t be surprised if I have 10, 15 years ahead of me”, José Mourinho
“Three years ago, no hate speech on the platform was caught by automated systems, but today 94.5% of it is picked up by Facebook’s artificial intelligence tools”, Facebook CTO Mike Schroepfer
As a fun fact, Paddy Cosgrave, shared on Twitter some numbers related to users. Some participants spent, since it was launched, about 60 hours on the web app, while another specific user made almost 200 mingles, spending about 13 hours and 20 minutes using the functionality.
In the first and short conversation of the Central channel (Center Channel) Ricardo Mourinho Félix, President of the European Investment Bank, announced the creation of a fund of 150 million euros to help Europe in the development of Artificial Intelligence and an investment of 50 million euros in three startups, one of them Portuguese, Bizay / 360imprimir, known as the first online printing company and currently a marketplace for SMEs.
AI Moonshot challenge, a competition that seeks disruptive ideas that combine satellite data and Artificial Intelligence and allow the detection of plastic in the Oceans, announced the winning project, SMART. This project results from a consortium between the Technical Institute of Lisbon, the Faculty of Engineering of the University of Porto, the Massachusetts Institute of Technology and the Hydrographic Institute, promoted by MIT Portugal.
At the end of the day, Drag Taste, creators of the first interactive online show, taught how to bleed live with questions and answers from the audience. After the bleeding, the drag queens also made a small presentation of the shows that the group organizes. With about 300 people watching, the comment box was filled with praise, with many claiming that this would have been the best of the Web Summit so far.
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