During a session titled “Generative AI: Steam Engine of the Fourth Industrial Revolution” at the 54th World Economic Forum in Davos, Omar Sultan Al Olama, the Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, emphasized that the rapid growth observed in the global generative artificial intelligence market underscores AI’s pivotal role as the driving force for the future.
Conducted as part of the World Economic Forum’s Artificial Intelligence Governance Alliance, the session delved into the evolution of generative artificial intelligence, its impact on various sectors in the Fourth Industrial Revolution, and the importance of developing digital skills for the future. Al Olama highlighted the significance of international cooperation in addressing current and future challenges, emphasizing the need for effective platforms like the World Economic Forum to facilitate global dialogue.
The session explored the effects of generative artificial intelligence on global industries, potential solutions for managing its challenges, and opportunities for improving production efficiency and product quality. Al Olama expressed the UAE government’s commitment to fostering international collaboration and partnerships with technology companies to harness the positive impact of AI while addressing potential drawbacks.
Al Olama underscored the UAE’s commitment to creating an environment conducive to the adoption of generative artificial intelligence, leveraging the nation’s diverse capabilities and resources. He emphasized the importance of developing digital skills to adapt to new technologies, acknowledging the UAE’s efforts in this regard, including a collaborative AI program with Oxford University and initiatives like UAE Codes Day.
Highlighting the success of integrating artificial intelligence into educational curricula, Al Olama pointed out that the UAE has taken significant steps in fostering digital awareness and encouraging society to embark on its digital journey. Overall, he emphasized the UAE’s dedication to embracing AI technologies and ensuring their responsible and comprehensive adoption across various sectors.
