The tremendous opportunity for businesses in the United Arab Emirates, Saudi Arabia and United Kingdom to position themselves as world leaders in cognitive technology, a critical component of the USD 15.7 trillion AI industry, will be discussed in-depth at an expert roundtable to be held in Dubai on May 3, 2018, by creative and technology agency Omobono.
The roundtable, themed ‘AI here and now: the role of cognitive technology in business and its effect on the economy’, is organized in association with the Department for International Trade, and will host Lord Clement-Jones CBE, Chair of the UK House of Lords Select Committee on Artificial Intelligence (AI).
He will be joined by business leaders from the United Arab Emirates and Saudi Arabia to discuss the opportunities for local business in dominating an emerging industry with a predicted value, by PwC in a recent report, of USD 320 billion in MENA by 2030.
Both the United Arab Emirates and Saudi Arabia have been quick to lead from the front. In 2017, the United Arab Emirates became the first nation to appoint a Minister of Artificial Intelligence and in 2018, Saudi Arabia granted the world’s first AI citizenship.
“AI is here and now – firmly established and rapidly evolving. For business in MENA to dominate the AI industry globally, it needs progressive government and a skilled workforce. Our roundtable brings together government, regional business and Arab youth to discuss how they can work together to lead the imminent economic boom created by developing cognitive technology in business,” said Hadley Newman, Managing Director for Omobono in MEA.
The roundtable will focus on how the emerging AI industry and cognitive technologies can be efficiently leveraged by established businesses, complementing the work by the tech startup community. It will explore the legalities and ethical aspects of the AI industry to be considered, employment and upskilling, human-centric innovation and the role of employees, businesses and the government to be future-ready.
