UAE President Sheikh Mohamed bin Zayed creates AI Council for shaping future technologies.
The President of the UAE, Sheikh Mohamed bin Zayed Al Nahyan, has made another move towards promoting technology by announcing the establishment of an Artificial Intelligence Advanced Technology Center (AIATC).UAE Creates Artificial Intelligence and Advanced Technology Council
Jimmy Aki | Last updated: January 22, 2024 23:24 EST | 2 min read
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In a move to further advance its position as a global technology leader, the United Arab Emirates (UAE) President, Sheikh Mohamed bin Zayed Al Nahyan, has recently announced the formation of an Artificial Intelligence and Advanced Technology Council (AIATC) [^1^]. This new initiative is geared towards the development and implementation of policies, strategies, and investments in AI and advanced technology in Abu Dhabi.
Unlocking the Potential
The UAE’s AIATC will not only establish frameworks for the responsible adoption of these technologies but also work in partnership with local and global bodies to elevate Abu Dhabi’s standing in these domains [^2^]. This initiative aligns with Sheikh Mohamed’s vision to position the UAE as a global hub for investments, partnerships, and talent in the sector.
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Leading this dedicated group will be Sheikh Tahnoun bin Zayed Al Nahyan as Chairman and Sheikh Khaled bin Mohamed bin Zayed Al Nahyan as Vice Chairman [^3^]. In addition, the council will include individuals such as Khaldoon Khalifa Al Mubarak, Jassem Mohamed Bu Ataba Al Zaabi, and Peng Xiao, CEO of G42 [^4^].
UAE: Paving the Way for Future Technologies
The UAE has already made significant strides toward becoming a tech powerhouse. Their commitment to new technologies is evident through various initiatives, such as the Emirates Blockchain Strategy introduced in 2018 [^5^]. The strategy focuses on advancing blockchain adoption globally and attracting startups to the Middle Eastern nation.
Furthermore, the UAE government recognizes the cost-saving potential of blockchain technology. According to a recent press release, adopting blockchain could save the UAE around AED 11 billion (nearly $3 billion) per year [^6^].
The government has also forged partnerships with leading distributed ledger technology (DLT) companies. One such partnership is with the IOTA DLT Foundation, which obtained a license from the UAE government in late 2023 [^7^].
Q&A: What Readers Want to Know
Q: What specific technologies will the AIATC focus on?
The AIATC will encompass a broad scope of advanced technologies, including artificial intelligence, blockchain, Internet of Things (IoT), and more. Its purpose is to shape policies, strategies, and investments across these fields.
Q: How will the AIATC elevate Abu Dhabi’s global standing?
The AIATC will collaborate with local and global entities to position Abu Dhabi as a leader in AI and advanced technology. By attracting investments, fostering partnerships, and cultivating talent, Abu Dhabi aims to become a go-to destination for cutting-edge innovations.
Q: What can blockchain adoption bring to the UAE economy?
The UAE government believes that widespread blockchain adoption can result in significant cost savings. By streamlining documentation processes and enhancing transparency in various sectors, blockchain has the potential to save the UAE billions of dollars annually.
Future Outlook: UAE at the Forefront
The establishment of the AIATC and the UAE’s ongoing commitment to technological advancements signal a promising future for the nation. With its strategic partnerships and forward-thinking initiatives, the UAE is well-positioned to become a global leader in AI and advanced technologies.
As AI continues to gain mainstream adoption, countries and companies without a well-defined AI strategy risk losing ground. The UAE’s proactive approach in establishing the AIATC demonstrates not only their recognition of AI’s importance but also their determination to stay ahead of the curve [^8^].
References
- UAE President Sheikh Mohamed bin Zayed Al Nahyan Announces Creation of Artificial Intelligence and Advanced Technology Council
- Article: PancakeSwap Community Votes to Reduce CAKE Token Supply on Binance Smart Chain
- Article: The Crypto Coordination Layer Of Artificial Intelligence
- Emirates Blockchain Strategy and the Role of Blockchain in the UAE
- CNN International: UAE Adopts Bold Strategies for AI Development
- IOTA DLT Foundation Obtains License from UAE Government
- Follow Us on Google News
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