During Tuesday's AI retreat, top government officials highlighted that the UAE is poised to generate numerous new job opportunities through technological advancements. They also addressed concerns about potential job losses or changes due to the rise of artificial intelligence (AI). Experts emphasized that, given the tech industry's rapid growth in the country, companies might already be hiring or planning recruitment in the UAE. The Artificial Intelligence market in the UAE is projected to grow at an annual rate (CAGR 2024-2030) of 28.54%, reaching a market volume of $4,285.00 million by 2030. Saeed Al Falasi, Director of Dubai Centre for Artificial Intelligence, told Khaleej Times, 'When adopting AI and creating products, we need a chief of AI, programmers, and cybersecurity experts, among other roles.' Officials also noted that with ongoing innovation and expansion, AI is becoming a crucial part of business operations and consumer applications. 'AI is integral to programming and cybersecurity, and it will all work together,' Falasi added. The AI market in the UAE is expected to grow significantly until 2030, driven by the increasing adoption of AI technologies, advancements in AI algorithms and infrastructure, and growing investment in AI research and development. However, to excel in these roles, applicants will need expertise in computer vision, machine learning, and natural language processing. Major General Khalid Nasser Al Razooqi, Director of the General Department of Artificial Intelligence at Dubai Police, said, 'We have been implementing AI strategies since 2018 and have managed 25 operations with AI tools across different services, including smart police stations.' He clarified that AI is a tool to ease tasks and will not replace humans except in certain roles. Div Turakhia, Founder of Ai tech, noted that Dubai has historically been a 'sandbox' for new technologies and innovation, supported by government policies and an educated population, which will lead to quicker and more extensive adoption of AI tools, improving efficiency and quality of life.'
Text: Lara Palmer
12.06.2024
AI Retreat Highlights New Opportunities and Addresses Job Loss Fears in the UAE