A report by the Dubai Technology Entrepreneurship Campus (DTEC) has stated that the United Arab Emirates (UAE) is first place in the Middle East region for artificial intelligence (AI) adoption.
The study shows an annual growth rate of AI adoption in Dubai at 33.5%
Further figures contained in the report include a stunning statistic - 45% of the world economy's total gains by 2030 will be due to AI.
In terms of the Middle East, the aforementioned UAE is first (33.5%), followed by Saudi Arabia (31.3%), with the rest of the GCC at 28.8%.
As well as outlining general AI strategies, the report lists three priority areas for enterprise adoption of AI solutions: AI for operation enhancement, AI for customer service enhancement, and AI for growth strategy support.
The report also outlines the concerns of entities regarding AI, primarily the risk of security breach, data leaks, privacy threats, job replacement, lack of knowledge required by suppliers, and the absence of regulatory frameworks in many countries.
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