The Saudi Data and Artificial Intelligence Authority “Sadaia” organized a seminar today on the role of generative artificial intelligence in the economy, in collaboration with the Saudi Economic Association. The event was attended by representatives from various ministries and specialized bodies, in addition to a diverse audience of enthusiasts and experts in the fields of economy and artificial intelligence, held at the Events Center at the National Center for Artificial Intelligence in “Sadaia” in Riyadh.
The session aimed to explore the potential of generative artificial intelligence in achieving advancements in the economy, increasing awareness of the technologies and tools used, reviewing key experiences in this field. It included a presentation on generative artificial intelligence in the economy, highlighting the key areas and tools of using generative artificial intelligence in this aspect, as well as highlighting the key features and benefits of generative artificial intelligence technologies.
It also examined the impact of artificial intelligence on economic growth by enhancing innovation and increasing productivity, explored applications of artificial intelligence in the financial services sector, and delved into the expected challenges in the field of artificial intelligence and the necessary strategies to overcome them.
A dialogue session was held during the seminar under the title “The Impact of Intelligent Generation on the Economy,” which was attended by experts in the field of economics.
The Saudi Data and Artificial Intelligence Authority (Sadaia) has released a guide on generative artificial intelligence, including a review of the components, use cases, benefits, adoption methods, and its impact on digital application areas and vital sector services. Through this initiative, Sadaia aims to raise awareness about the importance of generative artificial intelligence, which has become a fundamental element in the current era, contributing to building a bright future for the Kingdom in line with the Vision 2030 to be a leading country in the fields of data and artificial intelligence.
This interest comes in light of the rapid development of artificial intelligence technologies, the increase in available and diverse data, and the improvement in computer performance and speed. This progress signifies the beginning of a new era in technology, where generative artificial intelligence can participate in shaping our world and interacting with users.
It is worth noting that this seminar took place as the Kingdom of Saudi Arabia announced hosting the Riyadh Capital for the World Economic Forum meeting to enhance international cooperation, growth, and energy for development, with the participation of heads of states and policymakers from around the world.