One of the most talked about and shared videos from the 2024 World Economic Forum’s annual meeting in Davos was created using the US AI video platform HeyGen.
HeyGen harnesses the power of generative AI to streamline the video-creation process.
The speech, delivered by Argentina President Javier Milei, was already making headlines for his fiery delivery in which he attacked socialism, gender equality policies, collectivist economics and wealth redistribution, but an added technological twist is causing it to reverberate weeks after the meeting in Davos.
The new Argentinian president delivered his speech in Spanish, but a version of the speech translated to English through an AI video translation feature later stole the show.
Aaron Slodov, co-founder and chief executive of Atomic Industries, a creator of artificial intelligence-powered manufacturing solutions, posted a version of the speech on X using HeyGen’s AI translation.
This was no ordinary translation. Mr Milei’s mouth seemed to have a near-perfect match to the English audio. Users of X took notice and, 75 million views later, the world seemed to take notice. The speech also received almost 240,000 likes.
“Curiosity? Timing of the message/zeitgeist? A major theme in the comments was how amazing and terrifying it was simultaneously. Either way, it captures how powerful a good demo can be,” Mr Slodov later posted on X, reacting to the momentum of his initial post on the social media platform.
HeyGen, a Los Angeles-based start-up founded in 2020, used the continued momentum of the video to promote its AI-infused product.
“People hate watching non-lip-synced dubbed videos,” the company posted on X. “The original speaker’s voice is drowned out by the interpreter … the better the interpreter, the more you have to pay …”
The company is hardly alone in the increasingly crowded field of AI translation and video editing services.
In November, while announcing an AI advisory board, UN Secretary General Antonio Guterres spoke about major advances in AI video manipulation and translation services.
“Thanks to one AI app, I had the surreal experience of watching myself deliver a speech in flawless Chinese, despite the fact that I don’t speak Chinese," he said.
“The lip movement corresponded exactly to what I was saying,” he said, referring to the technological triumph and potentially deceptive dangers stemming from AI.
Reaction to Mr Milei’s AI-translated speech has been a mixture of astonishment and concern, a balance that continues to play out as AI evolves.
Robert Wahl, an associate professor of computer science at Concordia University Wisconsin, spoke about the mixed reactions to AI video manipulation, noting that he has seen it play out before with computer-generated imagery, or CGI, as it is commonly known.
“It’s all about balancing the fears with the actual things it can do,” he said, referring to CGI and AI.
The translation and audio dubbing process has long been problematic, with translation voices not matching mouth movements, thus making for a distracting movie-watching experience, according to Mr Wahl.
“Now with AI, you can level the playing field and maybe hit 10 different language translations and make it look flawless,” he said, explaining how filmmakers could make use of the tools, particularly those with limited budgets.
“It’s no longer just a specialised tool that’s in the hands of a certain number of people or large studios in Hollywood,” he added.
Mr Wahl acknowledged that ultimately, such tools could affect jobs in the traditional movie-making and translating apparatus, but said it might also have an upside.
“I agree with the predictions that ultimately there’s going to be a net improvement of production jobs because of AI, but there will definitely be a transition period where people need to learn new skills and adjust to keep up,” he said.
The viral clip of Mr Milei's speech is the latest in what has been a series of major moments showing promising and potentially problematic use examples of AI, inevitably prompting many to point out the potential for such technology to be abused.
Overall, however, Mr Wahl said he was hopeful that various attempts around the world to implement laws and standards around AI, will curtail major problems before they pop up.
"So the people who don’t have the right ethical background are going to misuse the technology. It’s going to happen," he said.
"But I think, in general, it’s going to be a good technology ... and speed things up."
UAE currency: the story behind the money in your pockets
57%20Seconds
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What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
- Kings School Al Barsha (Dubai) – Dh71,905
- Brighton College Abu Dhabi - Dh68,560
- Jumeirah English Speaking School (Dubai) – Dh59,728
- Gems Wellington International School – Dubai Branch – Dh58,488
- The British School Al Khubairat (Abu Dhabi) - Dh54,170
- Dubai English Speaking School – Dh51,269
*Annual tuition fees covering the 2024/2025 academic year
The%20specs
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Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
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What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
UAE currency: the story behind the money in your pockets
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Mobile phone packages comparison
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
The biog
Favourite book: Men are from Mars Women are from Venus
Favourite travel destination: Ooty, a hill station in South India
Hobbies: Cooking. Biryani, pepper crab are her signature dishes
Favourite place in UAE: Marjan Island
Company%20Profile
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The five pillars of Islam