Connect with us

Hi, what are you looking for?

TheSmartCitizenReport.com

Analytics

Why these Gulf states want to be AI superpowers

In recent years, the United Arab Emirates (UAE) has been signalling its intent to become a major player in artificial intelligence, but now other Gulf countries are also getting serious about the technology.

“Here in the region, people were much more prepared to experiment and get involved with AI than maybe some other parts of the world,” he added.

One issue around the rapid growth of AI is that it can be hugely energy intensive, and it is increasingly becoming a major source of greenhouse gas emissions. Google reported that its 2023 emissions were nearly 50% more than in 2019, which it partly attributed to the energy demands of AI. Energy demand from AI, data centers and cryptocurrencies could double by 2026, according to the International Energy Agency.

But Anderson believes that Gulf countries, whose economies are heavily dependent on fossil fuels, are well placed to become “major players” in the technology, and have the potential to make it greener.

“We’re at the center of the world when it comes to energy – not just old energy, but particularly new energy,” he said. “This is the lowest-cost place anywhere in the world to produce solar energy. So the opportunity to combine sustainability and energy with the computer power that’s required from an AI perspective is really important.”

Anderson pointed to the UAE, Qatar and Saudi Arabia as the region’s leading investors in AI.

As Saudi Arabia looks to cut its economy’s reliance on oil and gas, it has invested heavily in AI, which it says will help to realize the objectives outlined in its “Vision 2030” strategy, a government program to diversify the economy. According to a recent projection from the Saudi Data and AI Authority (SDAIA), which hosted the GAIN summit, AI will contribute 12% of its GDP by 2030, with the sector growing at an annual rate of 29%.

There have been significant efforts across the region to develop Arabic-language models trained on local datasets that capture the nuances of the language in a way that has been lacking on platforms like ChatGPT. Last year, the UAE unveiled a tool called Jais and Saudi Arabia has developed the Arabic chatbot ALLaM.

Last week, it was announced that ALLaM will be hosted on Azure, Microsoft’s cloud computing platform. This follows the news from earlier this year that it would also be accessible through IBM’s watsonx platform.

Nick Studer, CEO at management consulting firm Oliver Wyman Group, who attended the GAIN summit, said that the focus on Arabic language models could help Saudi Arabia compete with English-speaking markets that have an “underlying advantage” in the space because of the many large language models available

According to Studer, there are over half a dozen Arabic-based large language models in development in the country, focusing on a range of uses cases, from chat to governmental and corporate applications. “That combination of governmental and private sector entrepreneurialism may well lead to the development of an AI hub, particularly as the kingdom and the wider region seek to diversify their economies,” he said.

Challenge of governance

One of the major hurdles with the development of AI is public perception and governance: how should AI and data be regulated safely, securely, ethically and fairly?

During the summit, various policies were announced, including the launch of guidelines from the SDAIA addressing the responsible use of deep fakes, the unveiling of the Riyadh Charter for AI in the Islamic World, which establishes a framework for developing AI technologies in line with Islamic values and principles, and a global framework for AI readiness, led by the International Telecommunication Union.

Studer says a solid regulatory framework is essential for the future of AI.

“There are many concerns that go with the development of AI – not just privacy concerns, not just the risks of losing jobs, but also all the way up to national sovereignty if your economy starts to rely on a set of tools which are built outside of your control,” he said. “It is critical that we have sensible regulation in place.”

This post appeared first on cnn.com

Enter Your Information Below To Receive Latest News, And Articles.







    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    BREAKING NEWS

    Shares of former President Donald Trump’s social media company on Monday touched their lowest price since they began public trading on the Nasdaq nearly five months ago after a...

    BREAKING NEWS

    President Biden will meet with his national security team in the Situation Room Monday ahead of an anticipated Iranian attack against Israel.  The meeting...

    Analytics

    Thailand’s Prime Minister Srettha Thavisin has been removed from office after a court ruled he had violated the constitution, in a shock decision that...

    BREAKING NEWS

    In 1958, the National Election Study began surveying Americans’ trust in government, revealing that approximately 75% believed the federal government would do the right thing almost always or most of the time. However, according to Pew Research...

    Investing

    The S&P 500 faced its worst session in nearly two years on Friday, spurred by recession fears following a surprisingly weak jobs report for...

    BREAKING NEWS

    Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as it saw higher traffic at its restaurants, bucking an industry...

    Investing

    Mars, the global family-owned confectionery giant known for brands such as M&M’s and Snickers, has announced its acquisition of Kellanova, the maker of Cheez-It...

    BREAKING NEWS

    Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to score the coveted milestone. Shares of...

    Disclaimer: TheSmartCitizenReport.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.

    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheSmartCitizenReport.com All Rights Reserved