AI is assisting Dubai’s energy business with improved planning and management, reduced environmental impact, and optimised energy delivery and storage. AI algorithms analyse data to optimise supply chains, delivery, demand forecasting, and equipment condition.
Jobs in the back office often include administrative tasks such as bookkeeping, data entry, human resources, office management, information technology support, and services pertaining to operations.
The emergence of AI has the potential to displace almost 40% of the world’s workforce, particularly in the back office, according to a senior official in Abu Dhabi.
“Employers and employees are embracing new technologies at workplaces”, President of the Union of Arab Chambers, Sameer Abdullah Naas, said.
Similarly, Naas—who doubles as the head of the Bahrain Chamber of Commerce and Industry—emphasized that AI might eliminate as much as 40% of administrative positions
“ Humans depend on tech. And they are more adapted to new technology. I noticed a lot of businesses working on the internet and selling products through their business and marketing promoting using that tool very well and efficiently. I think they adapt very well,” Naas said during a panel discussion at the ongoing Annual Investment Meeting (AIM) Congress 2024 in Abu Dhabi.
Naas suggested reskilling workers to replace automation-related job losses. That makes retraining, replacing, or finding job for those individuals another issue.
To address digital transformation difficulties, he emphasised public-private partnership.
The AIM Global Foundation hosts a three-day yearly conference for industry executives, policymakers, investors, entrepreneurs, and experts from across the world to discuss creative economic growth and prosperity methods.
The Abu Dhabi National Exhibition Centre hosts the three-day global investment event, an AIM Congress 2024 project, till Thursday.
Crown Prince Hamdan bin Mohammad met with artificial intelligence (AI) experts in Dubai a few months ago, and the program’s 615 selected entrepreneurs from 55 nations.