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Web Summit 2024 Opens in Lisbon, Exploring AI, Social Media, and Trump’s Influence

by THEFUTURE.TEAM

This week, Lisbon hosts Web Summit, Europe’s premier tech event, where leaders from top tech firms like Apple, Microsoft, and Meta, alongside European lawmakers, are set to tackle pressing topics including artificial intelligence, social media regulation, and the potential impact of Donald Trump’s recent re-election on global technology trends.

A major focus of the Summit is the evolving landscape of AI and the regulatory challenges it presents. As Europe moves to establish frameworks for responsible AI, representatives from tech giants will discuss balancing innovation with consumer protection and ethical use of AI.

Elon Musk’s influence also emerges as a central theme of the event, with panels examining his role in advancing space exploration through SpaceX and reshaping digital media with X (formerly Twitter). Joe Benarroch, a former executive at X, will contribute to a discussion titled “What to do about social media,” addressing the future of digital communication platforms and Musk’s impact on the sector.

Trump’s return to the White House has added fresh dynamics to these discussions, especially concerning social media moderation. Mark Weinstein, founder of privacy-focused social platform MeWe, suggested that Trump’s stance on reduced online moderation could prompt major platforms to adopt a more permissive approach toward content. 

With insights from top leaders, Web Summit 2024 is set to provide a comprehensive look at the intersections of technology, policy, and global influence.

Only 1% Of Cyprus Farms Use Precision Farming Technologies

by THEFUTURE.TEAM

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

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