The UAE Government, in cooperation with the World Economic Forum (WEF), inaugurated the Centre for Fourth Industrial Revolution in the UAE at AREA 2071, to be the first of its kind in the region and the fifth in the world after the United States, Japan, India and China.
In line with the rapid global changes and developments of the Fourth Industrial Revolution, the center aims to prepare strategies, policies and develop solutions to the most pressing challenges in the region and the world. In addition, it works towards developing mechanisms, applications and uses for the Fourth Industrial Revolution in the UAE
Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future, stated that the UAE is continuously developing new business models that are dependent on technology and the outcomes of the Fourth Industrial Revolution, to join global efforts for shaping a better future.
Borge Brende, President of WEF, said: “In the Fourth Industrial Revolution, countries and businesses need to move fast or risk getting left behind. Emerging technologies like artificial intelligence and blockchain have the power to benefit everyone, but they must be shaped strategically to maximize the benefits and mitigate the risks.