AI (Artificial Intelligent) is transforming the global economy, driving governments and businesses to act quickly.
At the GITEX Summit, UAE’s AI Minister Omar Sultan Al Olama emphasised AI’s role in enhancing human capabilities.
As AI’s value nears $1 trillion, nations must adapt to this rapid shift.
Global leaders are steering the future of AI-driven economic transformation, urging governments, corporations, and startups to act quickly.
In this context, the focus is on moving beyond concepts to real-world applications, balancing AI’s potential with human creativity and intuition.
At the GITEX World Future Economy Digital Leaders Summit in Dubai, UAE Minister of State for Artificial Intelligence, Omar Sultan Al Olama, outlined the UAE’s vision to lead in AI and digital innovation.
He emphasized: “The future we envision is one where AI and robots work alongside humans, not as replacements but as partners”.
Moreover, as AI advances, the demand for next-generation semiconductors surges, with McKinsey projecting a $1 trillion market by 2030.
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Consequently, by 2024, AI’s market value is expected to approach $1 trillion, reshaping economies and necessitating strategic planning, particularly for emerging markets.
Notably, key speakers include Abdullah Bin Touq Al Marri, UAE Minister of Economy, and Edin Forto, Minister of Communications and Transport for Bosnia and Herzegovina.
they are both advocating for sustainable growth through technology and investment reassessment.
Furthermore, the summit brought together investors, tech giants, and researchers at the Dubai World Trade Centre. It is showcasing discussions on emerging technologies like quantum computing and large language models.
Ultimately, participants explored how these innovations unlock new business value and why staying ahead is vital for the next generation of leaders.
