The World Economic Forum (WEF) Center for New Technologies was established in Dubai, United Arab Emirates, with the participation of the UAE Minister for Artificial Intelligence Omar Al Olama and the President of the WEF, Norwegian Borge Brenda.
This center is engaged in the study of new developments in the field of AI and their introduction into the economy of the region.
Innovation Center is located in Dubai, in the Emirates Tower. It has started its work on April 28 of this year.
The new center will actively explore the impact of artificial intelligence technologies on the life of the region as a whole, cooperating with business organizations, scientists, government and international organizations.
The sphere of interests of this center will be applied to crypto currency and block chain technologies, as well as the use of AI in medicine and public services. The team in Dubai will work closely on these issues with colleagues from the United States, China, Japan, and India.
In the UAE, they have long ago made a bet on innovative technologies and their implementation in all areas of society. Medicine, the work of public services, transportation, and customer service are all within the purview of the new center.
The transition to autonomous robotic systems characterizes the fourth industrial revolution. Thus, according to data from the Future of Jobs report over the past year, the introduction of new robotic production lines will reduce the number of jobs by about 75 million in countries with the largest economies in the world. However, on the other hand, these same innovations will provide 133 million vacancies for specialists who will serve the new automated lines. Thus, we do not see a global reduction in jobs in the world, but rather a reorientation of the labor market towards IT technologies and robotics.
According to the Director of the Center, Mr. Borge Brende, the United Arab Emirates was chosen as the headquarter for the new center due to the rapid development and mass introduction of AI technologies in the region. With broad government support and in a well-developed infrastructure, there is no better place for innovation.
The UAE is the first country in the world to have a separate minister for the implementation of artificial intelligence technologies.