Oil turns into intelligence: The UAE is banking on a huge investment in AI to become a global leader.

in #proofofbrain10 months ago

Oil turns into intelligence: The UAE is banking on a huge investment in AI to become a global leader.

I wonder what a world would look like where robots make the coffee, cars drive themselves, and financial predictions are more accurate than your mother's horoscope. Well, that world is not far away, and the United Arab Emirates (UAE) is positioning itself as a leader in the artificial intelligence (AI) revolution.

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image sourcePixabay.com

The UAE has been pumping oil for decades, but now they're getting ready to pump artificial intelligence.

Look at Dubai!!! towering skyscrapers, luxury cars, opulence at every turn. But now, the UAE has a new dream: to become the Silicon Valley of artificial intelligence. How? Turning oil into brains.

That's right, you read that right. The Emirates is investing heavily in AI, banking on its oil wealth to fund research and attract the world's best minds. Recently, an investment company in Abu Dhabi entered into discussions with OpenAI, the creator of ChatGPT, for a huge funding.

Yep😁 So ~ Goodbye, black gold! Hello, artificial intelligence! The United Arab Emirates, known for its vast oil reserves, is making a huge bet on the future of artificial intelligence.

What's at stake? Control over the future! AI has the potential to revolutionize almost every aspect of life, from economics to medicine and even human relationships. The UAE sees investment in AI as critical to maintaining its position as a global leader in the 21st century.


But it's not all rosy. Some experts fear that the UAE could use AI to strengthen its authoritarian power and increase its control over citizens. Others worry about the ethical impact of uncontrolled AI development.

The UAE's investment in OpenAI is a clear sign of the changes happening in the world. Oil is no longer the sole king of the global economy. Artificial intelligence is becoming an increasingly important resource, and the countries that manage to master it will be the ones that will dominate the economy of the future.

  • Will this bet of the UAE be fruitful? Remains to be seen. But one thing is for sure ~ the race for AI supremacy just got a whole lot more interesting!

What do you think? Do you think the UAE will succeed in becoming a global leader in AI?

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Artificial intelligence really taking over the world

The UAE and Dubai in particular have a shiny surface-level reputation, but it's not the full story based on what I've seen. Although! I haven't been there, so...

I do wonder if these facts on the ground are a vision of what's to come with this AI investment announcement.

$7 trillion is an absurd amount of money. That last video you linked to, I had to shake my head: the only answer even approaching the question of how AI development can be used to solve the problem of poverty was about preventing electricity theft... How about if we truly recognised how critical power is for everyday living and provided it freely as the essential utility it is? Nobody there voicing that option.

Perhaps I'm being too negative but I think AI looks to be optimised for the sake of business. People will be a forgotten second.

I feel the world is not going the right direction
We’re letting AI take over everything that belongs to us and it is really going to affect us sooner or later