Dubai, UAE: The global surge in Artificial Intelligence (AI) investments propelled by the increased demand in rising digital industries, from digital health and future finance to cybersecurity and public services, has ignited a race among businesses to secure specialized talents, sustain the relentless pace of their tech innovations, and their position among the early adopters of AI. Goldman Sachs research has forecasted that global investment into AI could reach $200 billion by 2025, while Bloomberg reported that the generative AI alone could have a $1.3 trillion market value by 2032.
This growth is driven by a widespread acknowledgement amongst global leaders that AI solutions are an increasingly vital tool for driving enhanced productivity and higher growth. As Thomas Pramotedham, CEO of Abu Dhabi-based AI enterprise Presight, recently told the GITEX Tech Waves podcast: “Today you’ll see companies applying AI and AI evolving – in five, ten years’ time, it will get smarter, and when it gets smarter, you’ll get more efficiency and shorter routes to answers for difficult and complex questions. In return, that will be to the betterment of society and the world we live in.”
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