UAE on board with AI and 4th Industrial Revolution

As artificial intelligence is gathering momentum around the world, a recent study has predicted that AI would contribute $122 billion to the nation's GDP by 2030.

In October 2017, Sheikh Mohammed bin Rashid, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the National Artificial Intelligence Strategy 2031.

The strategy aims to make the UAE a fast adopter of emerging AI technologies across government entities, create policies and legislation for fair and ethical AI development and attract top talent to experiment and work in a sophisticated and secure ecosystem.

Sheikh Mohammed bin Rashid appointed Omar Al Olama as the Minister of State for Artificial Intelligence and making the UAE the first country in the world to have a minister dedicated to the development of this particular technology.

The UAE also recently hosted the AI Everything summit, the world’s largest conference focusing on AI, where experts, decision-makers, government officials, business leaders and entrepreneurs gathered to find the ideal formula to work together and launch initiatives, research and development projects, and partnerships with AI at their core.

The UAE has long led the region in terms of embracing and deploying emerging technologies across the nation. There is a vision of making the country a world leader in AI by 2031, creating new economic and social opportunities for residents, visitors, governments and businesses.