UAE’s AI Minister Advocates Use Case Regulation Over Broad AI Governance
In Brief
UAE’s AI Minister, Omar Al Olama, presented a different perspective on the future of AI regulation.
His vision encompassed a paradigm shift away from regulating AI as a whole, and emphasized the need for governing its specific applications.
During the Dubai Assembly for Generative AI, UAE’s AI Minister Omar Al Olama presented a forward-thinking view on AI governance, urging a move from regulating AI as a whole to focusing on regulating its specific applications. Al Olama compared the urgency of AI governance to the protracted timeline of the Paris Agreement and called for a fresh approach to handling AI’s impact on society and industries.
“Governments must stop trying to govern AI as a whole and instead focus on regulating use cases,”
he said.
Al Olama’s vision comes amid the launch of the Dubai Generative AI Alliance, a coalition of tech companies established to advance the integration of emerging technologies. It also aims to bolster Dubai’s transformation into one of the most technologically advanced and efficient governments globally.
In addition, the Dubai government introduced Dubai AI, a generative AI-powered digital city concierge, set to redefine government services by offering comprehensive information and services covering health, business, and education to residents and visitors. The assembly also illuminated the potential benefits of generative AI for the global banking sector, estimating up to $400 billion in gains.
Leading experts in global tech companies and consulting firms underlined that workplace automation through generative AI, capable of autonomously managing everyday tasks, is on the horizon within the next 18-20 months. Industries like nuclear fusion, climate action, and drug discovery are expected to significantly benefit from this emerging technology, with the industrial and pharmaceutical sectors leading the way in its adaptation.
Dubai Aims to Lead the AI Revolution with Global Tech Partnerships
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, emphasized Dubai’s dedication to becoming a global technology innovation hub during the Dubai Assembly for Generative AI. He underscored the assembly’s significance as a reflection of Dubai’s increasing influence in the global tech landscape.
“Artificial Intelligence heralds a new era in human history, and Dubai seeks to be at the forefront of this transformation,” said Sheikh Hamdan. “The emirate’s unique model for fostering partnerships between governments and businesses is driving its aspirations to become a global leader in artificial intelligence and other emerging technologies. This collaborative spirit also fuels our commitment to convert challenges into opportunities.”
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.
More articlesAgne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on agnec@mpost.io.