AI investments highly profitable in the Amsterdam region

Every euro invested in R&D for artificial intelligence (AI) in the Amsterdam region can generate more than five euros in extra economic prosperity in the long term. This is the outcome of research into the added value of R&D investments in AI, recently carried out by SEO Economic Research on behalf of the Amsterdam coalition AI Technology for People and Amsterdam Data Science. The scale and quality of research within the Amsterdam region is an important driver of returns. The region has four knowledge institutions that have a long history in AI education and research - UvA, VU, HvA and CWI. With more than 200 AI researchers, they score highly in international rankings for the quality and impact of their fundamental AI research. In addition, industries for which AI is essential are strongly represented within the region. Amsterdam is home to companies working in FinTech, business services, information and communication technology, entertainment and the creative industries, including gaming and design - all industries that attract a lot of AI talent.