What did Omar Al Olama emphasize about the future of AI during the Dubai AI and Web3 Festival?

Omar Al Olama, Minister of State for AI, Digital Economy and Remote Work Applications, stated that Dubai's tech experts and unicorns, not bureaucrats, will shape the future of artificial intelligence. Speaking at the Dubai AI and Web3 Festival, he highlighted the UAE government's role in enabling tech leaders to use Dubai as a springboard for creating global companies with significant impact. The minister emphasized applying AI to improve everyday life and decision-making rather than out-competing AI companies or researchers. He also stressed the importance of global collaboration to ensure AI's safe development, addressing fears such as labor disruption and misuse, noting that future generations will judge today's decisions on AI's applications and governance.

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