Saudi Arabia is positioned to be one of AI’s global leaders given its combination of capital, natural resources and governance according to Google’s former chairman and chief executive.
“Saudi in particular can become one of the winners, one of the big winners here (in AI) if the country puts the money that's in place now wisely and quickly,” said Eric Schmidt on Wednesday.
“There are discussions within the government here about how to do that,” said the former Google head who shared his views with attendees at the eighth edition of the Future Investment Initiative summit in Riyadh.
He added that he was familiar with the discussions and “they look roughly right to me”.
He spoke hours before Google Cloud announced a major partnership with Saudi Arabia’s sovereign wealth fund, the PIF, to establish state-of-the-art infrastructure in the country’s eastern province of Dammam.
It is hoped the AI hub will generate thousands of jobs that would add an estimated $71 billion to the kingdom’s gross domestic product over the next eight years.
This is an expansion of Google Cloud’s November 2023 launch in Dammam, and expansion of data sovereignty and security services in August of this year.
Mr Schmidt said the simplest way the kingdom could achieve AI leadership is by using its abundant resources and creating facilities that “no one else can build”.
Large pools of capital and energy are needed to build data centres – the foundation of advanced AI – which he said “Saudi Arabia is capable of doing” compared to its global competitors.
“There is a huge shortage of electricity in the developed world. One estimate is that the US will run out of electricity for this kind of stuff by 2028,” he said.
Military AI
Mr Schmidt said that Saudi Arabia and other Gulf countries can use their future leadership in AI to protect areas of high security amid geopolitical conflicts.
The use of drones guided by artificial general intelligence (AGI) is redefining defence and the system of warfare in general. They are much more cost effective and more impactful than traditional military tools.
“The world has an awful lot of tanks. Those tanks are largely useless in that a $5,000 drone can destroy a $5 million tank” with ease as they are guided with increasingly more sophisticated AI, he said.
Traditional readiness systems, which the US air force developed 70 years ago in the Second World War to counter incoming threats, are being updated with drones that are able to automatically and instantly react, Mr Schmidt said.
The rate of AI advancement is happening in real time and on both sides of conflicts, he said, citing the Russia-Ukraine war.
“In Ukraine, any idea on one side is adopted by the other side within three to six weeks, because they’re both watching each other,” he said.
The day before, Tesla CEO Elon Musk virtually joined the FII summit and said that while AI developments will be beneficial, there were also chances of adverse outcomes.
There’s a “10 to 20 per cent chance, that it goes bad”, depending on who gets a hold of it, Mr Musk said.
More coverage from the Future Forum
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Uefa Champions League, last-16. first leg
Atletico Madrid v Juventus, midnight (Thursday), BeIN Sports
PAST 10 BRITISH GRAND PRIX WINNERS
2016 - Lewis Hamilton (Mercedes-GP)
2015 - Lewis Hamilton (Mercedes-GP)
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It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.
The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.
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The specs
Engine: 2.0-litre 4-cyl
Power: 153hp at 6,000rpm
Torque: 200Nm at 4,000rpm
Transmission: 6-speed auto
Price: Dh99,000
On sale: now
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
THE CLOWN OF GAZA
Director: Abdulrahman Sabbah
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Rating: 4/5
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It brought together 25 state-owned and independent companies specialising in weapons systems, cyber protection and electronic warfare.
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Some of the companies include Nimr, a maker of armoured vehicles, Caracal, which manufactures guns and ammunitions company, Lahab
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Specs
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Power: 134bhp
Torque: 175Nm
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From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
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The specs: Rolls-Royce Cullinan
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%E2%80%98FSO%20Safer%E2%80%99%20-%20a%20ticking%20bomb
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Ruwais timeline
1971 Abu Dhabi National Oil Company established
1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants
1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed
1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.
1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex
2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea
2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd
2014 Ruwais 261-outlet shopping mall opens
2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies
2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export
2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.
2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery
2018 NMC Healthcare selected to manage operations of Ruwais Hospital
2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13
Source: The National
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