With the consent of Dubai's Vice President, Prime Minister, and Ruler, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, disclosed Dubai's annual strategy to expedite the incorporation of artificial intelligence (AI) technologies and applications.
This strategic initiative is designed to realize Sheikh Mohammed's vision of positioning Dubai as a global leader in technology and innovation while leveraging the transformative potential of AI across all sectors.
Sheikh Hamdan emphasized that the plan embodies Sheikh Mohammed's vision to fortify Dubai's position as a hub for technological advancement and underscores the imperative of harnessing AI technologies and their future implications across various domains. He highlighted the pivotal role of AI in driving economic growth and innovation, citing Dubai's remarkable achievements in attracting major global technology firms to the region.
Acknowledging the rapid evolution of AI and its profound impact on nations and governments, Sheikh Hamdan stressed the urgency of swift action to capitalize on emerging opportunities and address associated challenges. He underscored the need for agile strategies that keep pace with technological advancements, laying the foundation for Dubai's sustained leadership in the global arena.
The annual plan aims to inject vitality into Dubai's economy by adding 100 billion dirhams through digital transformation initiatives and enhancing productivity by 50% through innovation and the adoption of digital solutions. Key initiatives include the appointment of AI executive directors in every government agency, the establishment of the Dubai Incubator for AI Companies and Web3, and the introduction of the Dubai commercial license for AI ventures.
Central to the plan is the overarching goal of enhancing the quality of life for Dubai residents. Sheikh Hamdan underscored the plan's iterative nature, emphasizing its regular review and update to align with evolving technological trends and societal needs. He reiterated Dubai's commitment to prioritizing the well-being of its citizens and visitors, aspiring to become the world's happiest city.
Dubai's annual plan for AI adoption serves as a blueprint for leveraging AI across vital sectors to bolster the economy, enhance technological prowess, and expedite the deployment of advanced applications. By fostering a conducive environment for AI companies and talent, Dubai aims to solidify its position as a global innovation hub, driving sustainable growth and prosperity for future generations.