" class="no-js "lang="en-US"> UAE's Minister of AI's Call for International Regulation
Thursday, June 08, 2023
Inclusive Fintech Forum Leaderboard

Breaking News

Trovata Moves Upmarket with Multibank API Integration Available to SAP and Oracle Customers Invesco Advisers Announces Portfolio Management Changes for Invesco Municipal Closed-End Funds Guardz Launches AI-Powered Multilayered Phishing Protection To Secure SMEs Andorix Deploys HFR Networks’ Time Sensitive Networking Switch to Deliver Converged In-Building Services Codego Launches the New Era of Crypto Gift Cards Best Egg Expands Portfolio with Launch of Vehicle Equity Loan Tailwater Capital Announces Sale of Saconix to Sumitomo Corporation of Americas Spot Pet Insurance Outpaces Industry Average & Celebrates 201% Annual Growth Insight Announces Launch of Generative AI Service Offering FundRebel Launches All-Access Tier 2 Regulation A+ Real Estate Investment Trust dLocal Announces Appointment of Sergio Fogel as Co-president and Chief Strategy Officer, and Completion of Major Share Purchase by Key Shareholders Allfunds Appoints Pablo Sanz as Head of Operations of Allfunds Alternative Solutions Martin Herlinghaus On The Benefits Of In-Store Payments Orchestration Simon Pink Reveals How AI And Deep Learning May Impact The Insurance Industry Num Finance Announces Listing on Ripio and Expansion to Polygon Network
UAE's Minister

May 19 2023

Abdulla Almoayed, CEO of Tarabut Gateway, Supports UAE’s Minister of AI’s Call for International Regulation to Address Dangers

Share this post:

Share on LinkedIn Share on WhatsApp

Abdulla Almoayed, CEO of Tarabut Gateway, weighing in on today’s remarks of Omar Al Olama, the UAE’s Minister of State for AI, Digital Economy and Remote Work Applications, on the dangers of unregulated artificial intelligence technology, he said:

“It is good to see Omar Al Olama – the world’s first Minister for AI – treating the potential dangers of AI seriously. While technological progress is impossible to stop at will, we must put in place forward-looking and flexible, but also rigorous, regulation of AI now. Minister Al Olama’s comparison of AI to nuclear technology is spot on in that nuclear fission has been both a huge blessing and a terrible threat to human societies. AI poses a similar challenge.

 

“Pushing for measured regulation, transparency requirements, and education on the ethical use of AI technology should be an international collaborative effort. We need to identify best practices and establish standards to be followed by corporations, governments, research institutes, and open-source developers worldwide.”

 

People In This Post

Abdulla Almoayed | Founder & CEO of Tarabut Gateway | Fintech Finance

Abdulla Almoayed

Tarabut Gateway

Companies In This Post

Tarabut Gateway | Fintech Finance

Tarabut Gateway
  1. Trovata Moves Upmarket with Multibank API Integration Available to SAP and Oracle Customers

    Fintech

     Read more
  2. Invesco Advisers Announces Portfolio Management Changes for Invesco Municipal Closed-End Funds

    Fintech

     Read more
  3. Guardz Launches AI-Powered Multilayered Phishing Protection To Secure SMEs

    Insurtech

     Read more
  4. Andorix Deploys HFR Networks’ Time Sensitive Networking Switch to Deliver Converged In-Building Services

    Fintech

     Read more
  5. Codego Launches the New Era of Crypto Gift Cards

    Crypto

     Read more
More On