Arab News, Tues, Nov 14, 2023 | Rabi Al-Aakhir
30, 1445
AH
New tech to create $20tn worth of
opportunities
RIYADH:
Space manufacturing, advanced agriculture and the next generation of
artificial intelligence are among a variety of prospective opportunities
identified by the UAE government as outlined in a report.
Through a collaboration between the Government Development & The Future
Office and the New York-based Future Today Institute, the statement
highlighted the key movements that will help leaders and decision-makers to
keep pace and prepare for rapid global transformations worth around $20
trillion over the next decade.
The assessment provided a detailed forecast and an analysis of the upcoming
10 trends, including responsive AI, end of disease, seamless finance,
expediting movement and manufacturing in the final frontier. It also
highlighted sustainable opportunities, educational evolution and ending
water scarcity as well as digital deception protection and advanced
agriculture.
Minister of State for Government Development and Future Ohood bint Khalfan
Al-Roumi said: “Today, our world is witnessing major accelerating tectonic
shifts that affect countries, governments, societies worldwide, leading to a
future with a different global development map and new economic realities.”
She highlighted that governments would “need to act proactively and enhance
readiness to seize future opportunities by designing innovative development
models to achieve economic diversification, readiness and sustainability.”
The minister added: “Proactive investment in these trends will achieve
developmental leaps for the UAE towards a strong, dynamic economy and a more
sustainable future.”