AI is increasingly shaping the way research is conducted and innovations are created. During the panel, we will explore how AI, machine learning, and data science can support researchers and entrepreneurs – from automating data analysis and speeding up the interpretation of results to discovering new directions for development. We will also consider the risks: could excessive trust in algorithms lower the quality of research? What ethical challenges do AI users face? The discussion will be complemented with practical examples and reflections on the skills researchers and innovators should develop to use AI responsibly and effectively.