Government officials opening day of the World Future Economy Digital Leaders Summit on Monday as conversations began about charting a course for AI Compute-Driven economic transformation.
GITEX GLOBAL, the world’s largest tech event, got underway at Dubai World Trade Centre (DWTC), as topics on ‘Tech Investment Day’ centred around the next-gen semi-conductors market, which is expected to be valued USD $1 trillion by 2030, and the future of data governance. The mega event is under the theme of ‘Global Collaboration to Forge a Future AI Economy’.
The World Future Economy Digital Leaders Summit comes at a time where UAE is accelerating its efforts in adopting AI in different sectors. Last year, the country’s AI market was valued at USD $3.47 billion. H.E. Abdullah Bin Touq Al Marri, Cabinet Member & Minister of Economy at UAE’s Ministry of Economy, explained the importance of AI and how it is central to the country’s economic future.
Addressing the audience, he highlighted AI is a major driver for the future and is already impacting our everyday lives whether it is transportation or ordering food but to propel growth even further across different sectors, people and companies need to learn how to enable AI effectively.
Ignacy Niemczycki, Undersecretary of State Ministry of Economic Development and Technology of Poland, delivered a presentation on how the country is embracing technology. He said, “Our culture is a key pillar in our journey of being a tech leader and we have a stable economy which has been very resilient for the last 30 years.