AI and Finance is the combination to promote humanism and SMEs
A high-profile conference was held in London, organised by the Consulate General of Italia and Quadrivio Group
Key points
Artificial intelligence is no longer just a technological novelty, but represents a profound transformation that is redefining the social, economic and operational fabric of our lives. This is the main message that emerged during a conference organised by the Italian Consulate, led by Domenico Bellantone, and Quadrivio Group, founded by Alessandro Binello and Walter Ricciotti, which brought together experts, entrepreneurs and academics to discuss the future of AI and its impact on Europe and Italia.
Quadrivio Group: investing in global trends
The private equity group, with over EUR 2 billion invested, is a pioneer: it is the first in Italy to have launched a fund dedicated to AI, at a time when the adoption of artificial intelligence, throughout Europe not only in Italia, is still limited to 5% of companies. Quadrivio, in collaboration with Microsoft, aims to identify and support companies in the digital transformation that is now necessary and inevitable. It was Vincenzo Esposito, CEO of Microsoft Italia, who described AI as a revolution comparable to electricity or the Internet.
The impact of AI in society and the economy
Federico Marchetti, founder of YOOX Net-a-Porter, shared his experience: since 2016, his former company has employed AI to analyse customer data, reducing waste and improving sustainability. Marchetti also highlighted the potential of AI in enhancing human creativity, as demonstrated by the 'Modern Artisan' project, which combined consumer data with traditional craftsmanship to create successful collections.
However, Marchetti warned that, despite technological advancement, human qualities such as innovation, ethics and the appreciation of beauty remain irreplaceable. The central theme of ethics was the mainstay ofFather Benanti's speech: AI, made up of software, is redefining the concept of ownership and control, concentrating power in the hands of the companies that manage digital platforms. Today it no longer matters to own a mobile phone, even an expensive one, because the power is in the apps inside the phone that are not owned by the owner of the phone.
Benanti reiterated that ethics should not be seen as an obstacle to innovation, but as something that can create long-term value and trust. William Tunstall-Pedoe, the 'daddy' of Alexa, Amazon's intelligent voice system, emphasised the importance of trust in building thinking technology.


