Christian Guttmann, Executive Director of the Nordic AI Institute, discusses AI as both a philosophical aspiration and a practical tool. He highlights applications like personalized banking recommendations and data querying with large language models but notes their limitations in reasoning and understanding. Advocating for hybrid AI models and richer data, he emphasizes the need for multimodal approaches that integrate various forms of input, such as speech and gestures, to advance AI capabilities. He also warns that Europe risks falling behind in AI development without greater investment and bold innovation.