Abu Dhabi - Mubasher: The revenues of Artificial Intelligence (AI) investments could reach $15 trillion, adding AED 1.16 trillion to the GCC economies in the coming 12 years, the UAE’s Minister of State for Artificial Intelligence Omar bin Sultan Al Olama stated on Sunday.
Artificial Intelligence is forecast to offer 10 million jobs while cutting 74% of the jobs available today.
“AI has various applications in our daily lives, such as self-driving cars, rocket landing programs, mobile phone assistants, cashier-free supermarkets, and advanced robots,” the minister commented.
AI is important for economic growth and development, and for keeping pace with the West, Al Olama said.
The adoption of AI is crucial to increase the government’s efficiency and the productivity of several sectors, the minister remarked.
