Participation in the AI and Space Parallel Session in the 7th International Economic Forum

On 8 March 2025, technology enthusiasts, policy shapers, embassy representatives, and industry leaders gathered at the Latvian Academy of Sciences in Riga for the 7th International Economic Forum parallel session “AI, Space, and Society: Towards the Next Digital Horizons.” The event, organised by the Institute of Economics of the Latvian Academy of Sciences, focused on strategic approaches for integrating space innovation, artificial intelligence, and inclusive digital policies.

From left: Dr. Anthony Giannoumis (Inclusive Creation, Norway), Renars Raubiskis (Institute of Economics of the Latvian Academy of Sciences), Angelina Bekasova (Ministry of Economics of the Republic of Latvia), Kristaps Banga (Accenture Global). Photos by Janis Brencis on behalf of the Institute of Economics of the Latvian Academy of Sciences.

The afternoon began with brief remarks by the Head of International Relations and Project Management at the Institute of Economics of the Latvian Academy of Sciences, Renars Raubiskis. Following this introduction, Kristaps Banga, Accenture Global Space Innovation’s go-to-market lead, shared his perspective on emerging trends in space technology—drawing attention to satellite broadband, Earth observation, and communication services as areas with rapidly growing impact. Emphasis was placed on the need for cybersecurity and regulatory measures to keep data and networks secure.

Next, the conversation turned toward inclusive development of AI and its societal effects, presented by Lyra’s Head of Operations, Ance Petrovica, alongside Renars Raubiskis. Their segment described how frameworks such as the EU’s Artificial Intelligence Act and global partnerships—like the “Paris Pact for People and the Planet”—support policies that protect fundamental rights while encouraging responsible adoption of advanced technologies. They also referred to the importance of the United Nations’ Global Digital Compact in bridging digital gaps worldwide.

Concluding the event, an engaging game-show format featured Dr. Anthony Giannoumis (Associate Professor and expert in universal design), Kristaps Banga, Angelina Bekasova (Head of Space Policy at the Ministry of Economics), and Ance Petrovica. They tackled thought-provoking questions on harnessing AI, next-generation satellite programs, and ethical considerations for the broader digital arena. Audience members participated in real-time, gaining insights on how innovators, lawmakers, and civil society can work together to achieve positive outcomes for all.

All photos: Janis Brencis, Institute of Economics of the Latvian Academy of Sciences