Images generated by artificial intelligence (AI) applications have recently revolutionized the online world, but AI is more than just creating images. A Magnet report on the impact of artificial intelligence on the economies of the Middle East and North Africa region said that India and China are leading the way with regard to artificial intelligence, while the current situation in the Middle East and North Africa is still in its infancy. According to Google’s “The Future of Artificial Intelligence in the Middle East and North Africa” report, it is estimated that the Middle East and North Africa region will collect $320bn by 2030 in value added by AI. Over the past few years, countries in the Middle East and North Africa have published their strategies for artificial intelligence. According to McKinsey, between now and 2030, 45% of current businesses in the Middle East will likely be automated.

Source: The North Africa Journal May 01, 2023 07:38 UTC