The World Economic Forum and the International Finance Corporation (IFC), the private sector arm of the World Bank Group, have partnered to bring together 100 Arab start-ups that are shaping the Fourth Industrial Revolution. The start-ups were selected in collaboration with leading experts and successful entrepreneurs operating in the region.
As humanity enters the Fourth Industrial Revolution, development of artificial intelligence (AI) must be guided by one overarching principle – technology must augment, not replace, human capability and opportunity.
Experts at the Annual Meeting of the New Champions tackled the issue of artificial intelligence and what it means for humans, concluding that they can and should coexist. The pertinent issue is how humans can leverage artificial intelligence to enhance the outcome of new technologies and improve quality of life, and not focus on the narrative of human vs machine. However, rapid technological advances underline the urgency for policy-makers to redesign educational systems so that younger generations are adequately prepared for a workplace that will see more automated processes.