Protecting people's data is the paramount concern for governments when regulating the digital sphere, a UAE minister said on Thursday.
During a conversation called "Shaping Empowered Data Societies" at the World Economic Forum 2021, Omar Al Olama said consumers wanted to understand what and why their data is being used for.
Mr Al Olama, the Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, called on businesses to step up their efforts to ensure adequate protection.
“A lot of data is being mined, but not enough investment is put into protecting it,” said the UAE minister, who in 2017 became the first in the world to hold such a portfolio.
Governments and tech companies around the world are increasingly being called on by digital rights campaigners to reorient their practises to greater serve the interests of societies, rather than corporations.
Nighat Dad, a Pakistani lawyer and internet activist, was one such campaigner at the session. Ms Dad, who runs the not-for-profit organisation Digital Rights Foundation, said there was a lack of transparency from governments and tech giants. "We need to take everyone on these conversations with us," she said. "The conversations are happening on the government and tech giant side but end users aren't part of [them]."
Ms Dad said the Covid-19 pandemic had revealed big “digital divides” within communities and was widening the Global North/South gap on human rights and digital development. She stressed the need for governments to take a bigger role in informing people of their existing rights and their applicability in the online space.
The calls for greater consumer protection come amid a worldwide crisis of faith with governments and big tech corporations. According to the 2021 Edelman Trust Barometer, a study published annually by global communications firm Edelman, trust in governments worldwide dipped profoundly in the latter half of 2020. The study also revealed that citizens now looked at businesses more favourably than political institutions when it came to accuracy of information. Speaking at the session, the chief executive of PR firm Edelman, Richard Edelman, suggested that it was now "the moment for businesses to lead" within "parameters" set by governments.
According to Mr Al Olama these parameters need establishing through conversations with governments, businesses and civil societies. “We need to ensure that the internet is the space for globalisation and that everyone’s rights are considered.”
He said that “ensuring inclusivity of rights wherever people are is very important” and stressed the need to work collaboratively across countries. “What made the internet great is its access but what might cause its hindrance is if one country regulates in a way that limits rights others have.”
The UAE ranked 16th globally out of 187 countries in the Open Data Inventory Report of 2020 by Open Data Watch, an international organisation of data experts. The country has been leading Middle East economies in an accelerated global push towards digitisation spurred by the Covid-19 pandemic, according to the 2020 Digital Intelligence Index, a data-driven evaluation of the progress of the digital economy in 90 economies.
Globally, the pandemic is accelerating digitisation -- especially in areas such as payments and retail -- and the UAE, the Arab world's second-largest economy, is projected to benefit the most in the region from AI adoption. The technology is expected to contribute up to 14 per cent to the country’s gross domestic product – equivalent to Dh352.5 billion ($95.9bn) – by 2030, according to a report by consultancy PwC in 2020.
This week, the man leading the world's first dedicated artificial intelligence research university revealed a challenging target: to put the UAE "on the map of AI superpowers".
Speaking to The National, Dr Eric Xing, a world-renowned computer science professor, who was appointed president of Mohamed bin Zayed University of Artificial Intelligence last year, outlined his bold vision for the pioneering institution.
He said his first priority for MBZUAI was to develop a “critical mass” of research output and impact in the shortest amount of time possible.
The university’s curriculum is focused on two areas: machine learning, which provides the mathematical foundation of AI, and computer vision, which takes machine learning a step further to identify and analyse images and videos.
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Rating: 5/5
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Four reasons global stock markets are falling right now
There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:
1. Rising US interest rates
The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.
Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”
At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.
2. Stronger dollar
High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.”
3. Global trade war
Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”
4. Eurozone uncertainty
Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.
Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”
The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”
'The worst thing you can eat'
Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.
Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines:
Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.
Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.
Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.
Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.
Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.
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NYBL PROFILE
Company name: Nybl
Date started: November 2018
Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono
Based: Dubai, UAE
Sector: Software Technology / Artificial Intelligence
Initial investment: $500,000
Funding round: Series B (raising $5m)
Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up
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Nutritional yeast
This is Firth's pick and an ingredient he says, "gives you an instant cheesy flavour". He advises making your own cream cheese with it or simply using it to whip up a mac and cheese or wholesome lasagne. It's available in organic and specialist grocery stores across the UAE.
Seeds
"We've got a big jar of mixed seeds in our kitchen," Theasby explains. "That's what you use to make a bolognese or pie or salad: just grab a handful of seeds and sprinkle them over the top. It's a really good way to make sure you're getting your omegas."
Umami flavours
"I could say soya sauce, but I'll say all umami-makers and have them in the same batch," says Firth. He suggests having items such as Marmite, balsamic vinegar and other general, dark, umami-tasting products in your cupboard "to make your bolognese a little bit more 'umptious'".
Onions and garlic
"If you've got them, you can cook basically anything from that base," says Theasby. "These ingredients are so prevalent in every world cuisine and if you've got them in your cupboard, then you know you've got the foundation of a really nice meal."
Your grain of choice
Whether rice, quinoa, pasta or buckwheat, Firth advises always having a stock of your favourite grains in the cupboard. "That you, you have an instant meal and all you have to do is just chuck a bit of veg in."
Points to remember
- Debate the issue, don't attack the person
- Build the relationship and dialogue by seeking to find common ground
- Express passion for the issue but be aware of when you're losing control or when there's anger. If there is, pause and take some time out.
- Listen actively without interrupting
- Avoid assumptions, seek understanding, ask questions
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Al Wasl means connection in Arabic
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