The United Arab Emirates (UAE), an oil-rich Gulf monarchy, has made one of the world’s most ambitious investments in artificial intelligence (AI). While the vast sums allocated to chips, energy, and talent for AI applications may or may not yield long-term returns, the strategic pivot has already led to significant changes in the UAE’s economic landscape.
To foster the development of AI, the UAE needed to reform its immigration, business, and tax laws. The country aimed to attract the brightest minds from across the globe, creating an environment conducive to innovation. These changes reflect an economic blueprint for success in the 2025 global economy, one that could serve as a model for other nations.
Continue reading… “UAE’s AI Ambitions: How the Gulf Monarchy Is Betting on the Future of Technology”