I spent the week in Abu Dhabi, trying to avoid the sweltering heat and preparing for the Fortune Global Forum, which we are holding here November 27-29. As an oil rich nation, some might think the UAE would resist that transition. The UAE has answered that challenge by becoming the first country to appoint a minister of state for artificial intelligence, Omar Al Olama, and by creating the first university devoted exclusively to A.I. I asked Al Olama how he thought such a small country could compete against the U.S. and China in the A.I. China is worried that it might drop several spots due to low business confidence, hit by regulatory crackdowns and a sluggish economic recovery.

Source: Forbes August 04, 2023 12:14 UTC