Artificial intelligence investments to reach $9bn in the UAE
Artificial intelligence will continue to feature in various sectors, in particular within industrial processes
The UAE investments in artificial intelligence (AI) has seen significant growth in the last three years and now analysts predict that it will reach $9bn by the end of 2017.
WAM reported that Abdullah Alfan Al Shamsi, assistant Under-Secretary for Industrial Affairs, Ministry of Economy, said official statistics purporting that scientific research contributions to the country's GDP reached 0.87%.
"The UAE has been among the first countries to realise the central importance of artificial intelligence to build a knowledge-based economy that adopts scientific research and high-end technology as among the key enabler of the UAE Vision 2021," he added.
With AI investments to reach $9bn, Al Shamsi noted that the emerging technology will enhance competitiveness across all economic platforms, particularly industrialisation. Additionally AI will continue to emerge in government services, consumer services and work environments.