HOW WILL GOVTECH DRIVE ECONOMIC TRANSFORMATION THROUGH AI?

In a discussion about the impact of AI on various sectors, the focus is on developing the right technical skillset, especially in the MENA region where 40% of business owners report a lack of such skills. Saudi Arabia plans to develop 20,000 Saudis by 2030 to address this gap. The conversation highlights the importance of digital infrastructure, including internet capability and data center capacity, as foundational for AI applications. Public-private partnerships are emphasized as crucial for incentivizing investment in AI technology. The discussion also touches on the ethical framework and data privacy policies that Saudi Arabia is championing to ensure AI serves as a tool for positive change. The potential of AI to enhance government services and contribute to GDP growth is noted, with countries investing in AI expected to see improved quality of life. The role of AI in GovTech is seen as an overlay to digital platforms, with a focus on co-innovating with the private sector. The discussion concludes with a call for building AI capabilities and partnerships to position Saudi Arabia as a global leader by 2030.