New AI-led industrial revolution should be embraced: NVIDIA president

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Updated 12 February 2024
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New AI-led industrial revolution should be embraced: NVIDIA president

  • New discoveries are always scary so education, safety rules needed, says NVIDIA President Jensen Huang
  • Saudi Aramco is a leader in adopting the new technology, says head of tech firm

DUBAI: The world is undergoing a new industrial revolution led by artificial intelligence, says NVIDIA President Jensen Huang, but he warned that there were still fears attached to AI that presented hurdles to its evolution.

Speaking on Monday at the World Governments Summit in Dubai, he said that AI was essential for improved efficiencies.

“If you want cost-effective acceleration then your answer is AI and accelerated computing. Computer programming use for everything is no longer an option or even possible now,” Huang said.

Huang said the world was at the beginning of a new era. “There will now be less amount of tools usually needed for different reasons. AI can centralize that. In the last 10 years, I must say, one of the greatest contributions we made was advancing computing and AI by a million-fold.”

He said the era of computer programming, which had developed over the past 60 years, was gradually being taken over by AI, adding that the new technology was now more widely accessible.

“My team and I were first discovered by others and the process of discovery will continue to reach every researcher around the world. There has been an awakening in every single country that AI is not this scary or mystifying issue. It is, simply put, the production of intelligence.”

The idea of a sovereign AI — adapted to meet the requirements of each country — has evolved in a way that every country can use it in their own way in terms of data, language and in various sectors. The democratization has enabled each to use it for their own tailored needs, he added.

“Look at how Saudi’s Aramco used it for its own benefit by including several languages to make it more accessible for people,” Juang said.

But despite its benefits, he acknowledged that for a lot of people the idea of AI was still terrifying.

“Without the internet can we be digital at all? Without farms will you be able to produce food?

“Whenever a new technology is created, whether it was medicine or airplanes, there is always an interest to scare people away from it and that’s a mistake.” 

Juang continued: “We have to develop the technological safety and teach people how to use it. We also need transparency and open-source language.

“Also, we should be encouraging people to engage in AI. You see, reason why it has become so talked about is because anyone can now become a programmer. The tech divide has been closed.”


19k ‘Made in Saudi Arabia’ products now reaching 180 global markets: industry minister

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19k ‘Made in Saudi Arabia’ products now reaching 180 global markets: industry minister

RIYADH: Products carrying the “Made in Saudi” logo have reached 19,000 and are shipped to 180 countries, according to the minister of industry and mineral resources.

In his opening speech at the third edition of the “Made in Saudi” exhibition, Bandar Alkhorayef indicated that the program now includes 3,700 registered national companies.

He noted that the first half of 2025 recorded the highest semi-annual figure for non-oil exports, valued at SR307 billion ($81.8 billion), after total exports in 2024 reached approximately SR515 billion.

The “Made in Saudi” program was launched in 2021 with the aim of strengthening the presence of local products in domestic and international markets and contributing to the growth of the national economy in line with Vision 2030 targets.

The minister highlighted the efforts of the Saudi Exports Development Authority in facilitating the access of national products to global markets.

This has been achieved through the signing of 108 export agreements, the registration of 433 importers on the Saudi Exports platform, and the licensing of nine export houses whose outbound trade has reached 21 countries with a value of SR390 million.

The “Made in Saudi” program is an initiative of the National Industrial Development and Logistics Program. It is managed by the Saudi Export Development Authority, also known as Saudi Exports, a governmental body tasked with increasing the Kingdom’s non-oil exports. 

Saudi Exports developed and is managing the program with the strategic intent of supporting the nation in achieving the objectives of its transformative Vision 2030.