News9 Global Summit Dubai Edition: The future of artificial intelligence were discussed at TV9’s News 9 Global Summit held in Dubai. Experts gathered to discuss the growing impact of AI and its potential consequences for employment. Some people said that AI is an illusion, while others praised it for its worth. There was an in-depth discussion on various aspects of AI technology in the summit.
TV 9 Network organized ‘News 9 Global Summit’ for the second time in Dubai. The theme of the summit is India-UAE Partnership: For Prosperity and Progress. Or Samitla many famous and famous people Hajeri Lawali. Your Excellency presented his views on various aspects ranging from business to technology through the India-UAE partnership.
India-UAE Partnership: For Prosperity and Progress or various themed topics were discussed in depth at TV9 Network’s second ‘News 9 Global Summit’ in Dubai. Currently, Artificial Intelligence (AI) is spreading its foot around the world or in the Global Summit, there was an important discussion about the future of AI and its impact. Or many dignitaries expressed their views in Mandalay.
Table of Contents
Which Jobs are at Risk Due to Artificial Intelligence?
Group Editor R Sreedharan, while starting the discussion on AI, said that AI is such a technology that we all are thinking about it a lot. Some people want to know how AI will affect their lives, while others are looking for opportunities in AI to keep their jobs. According to Sreedharan, AI will not impact every person’s life, but its result will be only for those people who do not know how to use AI to remain employed.
AI is Delusional: Kuldeep Mirani
Some big investment banks say that AI will destroy 300 million jobs in the next 10 years. Expressing his opinion, Yawar Kuldeep Mirani said that AI is definitely a reality, but I do not think that AI will directly impact people’s jobs. People who practice AI can take away jobs from people who do not practice AI. As an investor I have a slightly different perspective on AI. I don’t believe in AI revolution. Because I think you are in ‘AI illusion’. He observed that every startup is trying to add AI to their boat to increase their valuation.
AI itself is a Mistake: Dr. Abed Benaichouche
AI itself is a mistake. AI models are constantly setting new benchmarks, but no one knows how AI actually works, only that it works, said Dr. Abed Benaichouche.
Management of Bilateral Relations Due to CEPA
Satish Kumar Sivan gave information about how bilateral relations between India and UAE were strengthened by signing CEPA (Comprehensive Economic Partnership Agreement). Yes, the agreement was signed in such a unprecedented time, in just 88 days. After negotiations between both the countries, the agreement was signed. India has benefited greatly from CEPA. Due to reduction in tariff by UAE, India’s exports got a boost.
Especially the textile, gems and jewellery, food and agriculture, and automobile sectors have benefited a lot. The main objective of CEPA, signed in 2022, is to increase non-oil trade to $100 billion by 2030. Although both the countries have benefited from the agreement, its results are surprising. Before CEPA was signed, bilateral trade would have been $70 billion in 2021-22, which will reach $85 billion by 2023-24. After this agreement, an increase of 16 percent has been seen.
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UAE’s Vision for India
Hamdan AlShamsi, Founder and Senior Partner, Hamdan AlShamsi Lawyers & Legal Consultants, expressed curiosity about India while commenting on India-UAE relations. He said that UAE sees India as a reliable partner. There is greater trust and confidence between the two countries. Siddharth Balachandran, a UAE-based entrepreneur of Indian descent, said the India-UAE partnership has gone beyond friendship to a fraternal relationship.
Ameya Prabhu, former president of the Indian Chamber of Commerce, said that UAE is a high margin market for startups. Regarding Artificial Intelligence (AI), he was especially curious about UAE. UAE is the only country where the government has established an independent ministry for AI. This is a forward-looking vision, which is very good, because AI is coming everywhere, said Ameya Prabhu.
Trevor McFarlane, Founder and CEO of EMIR, expressed his views on the India-UAE partnership. In an unstable world, India and the UAE are two countries that can act with strength and togetherness, said Trevor McFarlane. The question that came to his mind was how will the world change in the next five years and what will be the consequences of AI. Or to answer a question, he said, AI Zinkel, Shariyatit from knowledge to excellence.