The President of the United Arab Emirates (UAE) and Ruler of Abu Dhabi, Sheikh Mohamed bin Zayed Al Nahyan, has issued a law to establish the Artificial Intelligence and Advanced Technology Council (AIATC). The council will be responsible for developing and implementing AI policies, strategies, and research programs, focusing on areas such as research, infrastructure, and investments. Sheikh Tahnoun bin Zayed Al Nahyan has been appointed as the chairman of AIATC, and Sheikh Khaled bin Mohamed bin Zayed Al Nahyan as vice chairman, reflecting the UAE's commitment to advancing in the field of advanced technologies.
In a significant move, Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi, has issued a law establishing the Artificial Intelligence and Advanced Technology Council (AIATC). This council will play a pivotal role in developing and implementing artificial intelligence (AI) policies, strategies, and research programs across various domains, including research, infrastructure, and investments.
The newly formed AIATC will be instrumental in overseeing the effective implementation of AI policies and fostering collaboration with local and global partners to enhance Abu Dhabi's standing in the AI field. The initiative aligns with the emirate's broader vision to position itself as a global hub for investments, partnerships, and talent in advanced technology sectors.
To lead the AIATC, Sheikh Tahnoun bin Zayed Al Nahyan has been appointed as the chairman, with Sheikh Khaled bin Mohamed bin Zayed Al Nahyan serving as the vice chairman, according to a resolution issued by the president.
The UAE has been actively embracing technological advancements, and this strategic move emphasizes its commitment to fostering innovation and becoming a global tech hub. The establishment of the AIATC follows other initiatives, such as the Emirates Blockchain Strategy, the Virtual Asset Regulatory Authority (VARA), and the Dubai Metaverse Strategy, showcasing the country's dedication to driving advancements in blockchain, crypto, and AI technologies.
In particular, the UAE has been focusing on AI as a key area of development. Initiatives such as offering commercial licenses for AI and Web3 businesses at a 90% subsidy and creating dedicated free economic zones for Web3 and AI service providers demonstrate the country's efforts to attract global talent and investment in these transformative fields. The recent launch of the RAK Digital Assets Oasis (DAO) in Ras Al Khaimah further underscores the UAE's commitment to advancing in Web3, digital assets, and AI. The establishment of the AIATC marks a strategic step forward in harnessing the potential of artificial intelligence for the benefit of the UAE's technological landscape.
(EZRA REGUERRA, COINTELEGRAPH, 2024)