DUBAI // A high-tech contact lens will allow people to dive into their friends’ adventures by seeing their videos almost first hand, developers claim.
The EyeShare, developed by telecommunications company Du, is one of many breakthroughs which will be displayed in the Dh500 million Museum of the Future in Dubai, due to open in December 2018.
“Du is our main sponsor, and the EyeShare is the next generation of social media,” Saif Al Aulaili, chief executive of the Dubai Foundation for the Museum of the Future, said at the World Government Summit yesterday.
“We developed a product that helps you share experiences so you can feel what the other person feels, see what they see, and hear what they hear.”
Details on how the EyeShare will work were not revealed.
“Based on the research we did in the last six-to-eight months, we identified three major areas in which artificial intelligence and robots impact our lives in a direct way,” Mr Al Aulaili said.
“One of them is human augmentation, the second is robots caring for humans, and the third is algorithmic management – taking decisions on our behalf.”
An exhibit called the UAE Supermind will guide citizens to where they fit in the economy career-wise by asking them questions.
It then places them in a profession which fits their skills and informs them of how much their contribution to the GDP will be and their impact in the job.
The museum’s content will be changed every three-to-six months to keep the displays lively and up-to-date, with 70 per cent of it to be developed by experts from the museum itself and the rest to be a “playground” for large companies such as Google, G E and Airbus.
cmalek@thenational.ae
Match info
Deccan Gladiators 87-8
Asif Khan 25, Dwayne Bravo 2-16
Maratha Arabians 89-2
Chadwick Walton 51 not out
Arabians won the final by eight wickets
COMPANY PROFILE
Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures
COMPANY PROFILE
Company name: Revibe
Started: 2022
Founders: Hamza Iraqui and Abdessamad Ben Zakour
Based: UAE
Industry: Refurbished electronics
Funds raised so far: $10m
Investors: Flat6Labs, Resonance and various others
The biog
Favourite book: Animal Farm by George Orwell
Favourite music: Classical
Hobbies: Reading and writing
The Transfiguration
Director: Michael O’Shea
Starring: Eric Ruffin, Chloe Levine
Three stars
COMPANY PROFILE
Company name: Alaan
Started: 2021
Based: Dubai
Founders: Parthi Duraisamy and Karun Kurien
Sector: FinTech
Investment stage: $7 million raised in total — $2.5 million in a seed round and $4.5 million in a pre-series A round
MATCH INFO
Manchester United v Brighton, Sunday, 6pm UAE
Confirmed bouts (more to be added)
Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez
Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.
UAE currency: the story behind the money in your pockets
How to become a Boglehead
Bogleheads follow simple investing philosophies to build their wealth and live better lives. Just follow these steps.
• Spend less than you earn and save the rest. You can do this by earning more, or being frugal. Better still, do both.
• Invest early, invest often. It takes time to grow your wealth on the stock market. The sooner you begin, the better.
• Choose the right level of risk. Don't gamble by investing in get-rich-quick schemes or high-risk plays. Don't play it too safe, either, by leaving long-term savings in cash.
• Diversify. Do not keep all your eggs in one basket. Spread your money between different companies, sectors, markets and asset classes such as bonds and property.
• Keep charges low. The biggest drag on investment performance is all the charges you pay to advisers and active fund managers.
• Keep it simple. Complexity is your enemy. You can build a balanced, diversified portfolio with just a handful of ETFs.
• Forget timing the market. Nobody knows where share prices will go next, so don't try to second-guess them.
• Stick with it. Do not sell up in a market crash. Use the opportunity to invest more at the lower price.
RedCrow Intelligence Company Profile
Started: 2016
Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel
Based: Ramallah, Palestine
Sector: Technology, Security
# of staff: 13
Investment: $745,000
Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors
'The Lost Daughter'
Director: Maggie Gyllenhaal
Starring: Olivia Colman, Jessie Buckley, Dakota Johnson
Rating: 4/5