Mubasher: The adoption of artificial intelligence (AI) technologies will be beneficial for many Middle Eastern economies by 2030, but it must be implemented “ethically” to be more significant, Microsoft’s president for the Middle East and North Africa (MENA) said.
By 2030, the Middle East is expected to acquire around 2%, or $320 billion, of the global benefit of AI, Samer Abu Ltaif told Arabian Business.
“[This] means that we really need to make sure we integrate AI in every aspect of digitisation that we engage in,” Abu Ltaif said.
The Implementation of AI in Saudi Arabia is expected to contribute $135.5 billion or 12.4% of gross domestic product (GDP) in 2030, compared to the UAE and Egypt with $96 billion and $42.7 billion, respectively.
“It’s important that there be certain principles to which we adhere when it comes to AI, that has been debated and will continue to be debated in the industry, primarily about inclusion but also about things like [ensuring that] AI be fair and how AI can drive accountability,” Abu Ltaif added.
In July, PriceWater HouseCoopers’ (PwC) study showed that AI is forecast to raise the Middle East’s GDP by $320 billion by 2030 as being one of the key sources for Middle East’s GDP due to its potential economic impact in the region.
