The increase in global investmes in the field of artificial ielligence is due to the increase in demand for this emerging knowledge in growing digital industries; From digital health and finance to cyber security and public services, AI has created competition among businesses; This competition is about the speed of achieving innovations in this industry and stabilizing the position of businesses by adopting artificial ielligence.
Impressive growth
Goldman Sachs Research predicts that global investme in AI will reach $200 billion by 2025, while Bloomberg reports that generative AI alone could be worth $1.3 trillion by 2032.
These figures come alongside AI leaders acknowledging the impact of AI as a critical tool for increased productivity and higher growth.
Thomas Pramutham, CEO of Abu Dhabi-based Presight, is one of the AI leaders who acknowledged the impact of this emerging knowledge on the industry; In a podcast about the GITEX Iernational Exhibition, he said: “Today, you see companies that are using artificial ielligence are evolving; In the next five to ten years, these companies will become smarter, more efficie, and take shorter paths to answering difficult and complex questions. This will lead to the improveme of society and the world we live in.”
More than 3,500 of the world’s most respected brands have followed Presight’s path and will gather at the Dubai World Trade Ceer from October 14-18 for the world’s largest tech and startup eve, GITEX GLOBAL 2024.
GITEX Iernational Expo brings together the world’s largest community of technologists, from experts, founders, and investors to governme leaders and CEOs, to showcase their AI innovations, discuss synergies, and collaborate for future advancemes. to bring
This importa eve will address the opportunities and challenges surrounding the global economy of AI, including ethical developme, quaum computing, large language models, policy and regulation, the real-world implications of AI in technology, health and finance, and the future of the labor market.
According to rece studies, the rapid rise of artificial ielligence coinues to affect the labor market; In 2022, Deloitte estimated that there will be only 22,000 AI professionals in the world.
The response of the United Arab Emirates to this public moveme, as the global hub of the artificial ielligence industry, has included the creation of a long-term agenda to use the poteial of artificial ielligence in order to empower individuals, communities and organizations. In line with this national strategy, the UAE has iegrated artificial ielligence in public services, energy, tourism and education to become the world leader in artificial ielligence by 2031.
In line with this national strategy, Dubai has organized the Jitex Iernational Exhibition and has shown its deep commitme to make the emirate the fastest, most agile and ready city in the world in the field of artificial ielligence. With the aim of accelerating the adoption of artificial ielligence applications, this annual program seeks to achieve the goals of Dubai’s economic programs by adding 100 billion dirhams, 27.2 billion dollars to the UAE economy and increasing productivity by 50%.
GITEX 2024 is a powerful platform for artificial ielligence experts and leaders
As the world’s largest tech and startup eve, GITEX aligns with the UAE’s recognized AI economy and Dubai as the fastest growing iernational hub for experts, leaders and academics.
The headlines of GITEX World Expo include the most powerful technology gias driving the dynamics of artificial ielligence globally, such as Adobe, Alibaba Cloud, AWS, Builder AI, Dell, G42, Google, HPE, IBM, Meta, Microsoft, Nvidia, Open AI and Oracle and many others.
The Middle East’s top companies and organizations that advance artificial ielligence and bring the region’s indigenous technology to the world, such as Presight and the Technology Innovation Institute (TII) and Khazna, will also prese their products and innovations at the exhibition.
Renowned iernational speakers such as Isabel Greidert, Vice Preside of Ceral Research and Technology of Airbus (Germany), Michael Sprenger, Head of Artificial Ielligence of Sony (Japan), Jung Soo Choi, Chief Technology Officer of Samsung (South Korea) will join the stage for iellectual discussions in the field of artificial ielligence. .
