A new generation of powerful artificial intelligence tools is set to transform the workplace, prompting urgent calls for workers to develop the way they carry out their jobs or risk being left behind.
Speaking at Dubai AI Week on Thursday, leading researchers and technologists warned that AI 2.0 - the next wave of intelligent systems – is advancing so quickly that many traditional roles could soon become obsolete if employees and educators do not act now.
“There is a need for transformation and I think we need to start from now,” said Dr Hakim Hacid, chief researcher at the Artificial Intelligence and Digital Science Research Centre at the UAE’s Technology Innovation Institute.
“Maybe we will not lose a lot of jobs right now, but there is a wave that is coming, and people should prepare themselves to do things that are more on how to use AI to increase their expertise, how to understand AI better and how to bring AI to their workplace to generate value.
“University programmes need to be reviewed and updated, depending on the needs of the industry.”
AI 2.0 refers to a new era of AI in which systems are not only able to generate human-like responses but can also write code, reason and learn autonomously.
This includes tools that can complete full software projects, diagnose illnesses and even function as personal tutors.
Technology as such is already on the rise, including OpenAI’s GPT-4, Google’s Gemini and GitHub Copilot, which can write, debug and test computer code with minimal human input.
Developers and repetitive tasks at risk
Dr Hacid said although the threat to jobs may not be immediate, developers and IT professionals could be among the first to feel the pressure.
“I think AI is definitely becoming much more powerful, and the intelligence that we have in AI will allow us to probably work in a more efficient way where we do not necessarily need the amount of people that we are using today,” he said.
“I think there will be few things that will probably disappear. The first ones that will start feeling the heat would be probably people like developers and the programmers we see today.”
He believes, however, that not all developers would be replaced. “Elite developers will still be needed ... coming up with new ideas – that’s something AI is not capable of yet,” he said.
Beyond software development, Dr Hacid said any job that involves repetitive tasks was likely to be automated, whether through software or the growing use of robotics.
“Many tasks will be automated now or maybe down the road in two years,” he said. “The expectation is just a transformation of the expertise and what people are expected to do.”
'AI doctors could already exist'
Prof Keith Ross, a computer scientist at NYU Abu Dhabi, said the shift was no longer about technology capability but about how willing society is to accept the changes.
“There was a recent study involving very complicated medical cases. General practitioners gave their diagnosis and ChatGPT did the same. ChatGPT outperformed the doctors,” he said.
“What that’s telling me is that we could have AI doctors right now. What's preventing is not a technology nor a business problem. It's more of a regulatory and society problem of allowing this kind of thing to happen.”
Schooling
For Lloyed Lobo, co-founder of fintech company Boast.AI, the more serious concern is that the current education system is not preparing children for a future shaped by advanced AI.
“This system primes us for obedience – follow the path, do what you’re told,” he said. “But now, AI is getting better at doing the exact things we were trained for.”
Mr Lobo said that when he worked in logistics in the late 2000s, he helped replace hundreds of warehouse jobs with robots.
“That was 15 years ago. Now AI can think and reason. By the time someone finishes a course [online], AI may have already mastered that job,” he said.
He is now experimenting with new education models through his children. They attend Alpha School, a physical school that integrates an AI tutor.
“The AI adapts to the student and teaches them twice as fast,” he said. "You could be in Grade 1 but learn at a Grade 5 level. It moves at the pace of the learner.”
The remainder of the school day focuses on social skills, communication and creativity - abilities Mr Lobo believes will be in high demand in a world where AI handles the execution.
The future of work: Human-AI collaboration
The panellists agreed that while certain jobs may vanish, many others will simply evolve, requiring workers to learn how to collaborate with AI rather than compete against it.
“There will be jobs but the nature of work is changing. We’re moving from a place where the employee has everything in mind to do their job, to something that’s more collaborative with AI - understanding it, guiding it and using it to generate value,” said Dr Hacid.
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
The Ashes
Results
First Test, Brisbane: Australia won by 10 wickets
Second Test, Adelaide: Australia won by 120 runs
Third Test, Perth: Australia won by an innings and 41 runs
Fourth Test: Melbourne: Drawn
Fifth Test: Australia won by an innings and 123 runs
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
'Saand Ki Aankh'
Produced by: Reliance Entertainment with Chalk and Cheese Films
Director: Tushar Hiranandani
Cast: Taapsee Pannu, Bhumi Pednekar, Prakash Jha, Vineet Singh
Rating: 3.5/5 stars
The specs: 2017 Porsche 718 Cayman
Price, base / as tested Dh222,500 / Dh296,870
Engine 2.0L, flat four-cylinder
Transmission Seven-speed PDK
Power 300hp @ 6,500rpm
Torque 380hp @ 1,950rpm
Fuel economy, combined 6.9L / 100km
MATCH INFO
Liverpool 3
Sadio Man 28'
Andrew Robertson 34'
Diogo Jota 88'
Arsenal 1
Lacazette 25'
Man of the match
Sadio Mane (Liverpool)
Thanksgiving meals to try
World Cut Steakhouse, Habtoor Palace Hotel, Dubai. On Thursday evening, head chef Diego Solis will be serving a high-end sounding four-course meal that features chestnut veloute with smoked duck breast, turkey roulade accompanied by winter vegetables and foie gras and pecan pie, cranberry compote and popcorn ice cream.
Jones the Grocer, various locations across the UAE. Jones’s take-home holiday menu delivers on the favourites: whole roast turkeys, an array of accompaniments (duck fat roast potatoes, sausages wrapped in beef bacon, honey-glazed parsnips and carrots) and more, as well as festive food platters, canapes and both apple and pumpkin pies.
Ruth’s Chris Steakhouse, The Address Hotel, Dubai. This New Orleans-style restaurant is keen to take the stress out of entertaining, so until December 25 you can order a full seasonal meal from its Takeaway Turkey Feast menu, which features turkey, homemade gravy and a selection of sides – think green beans with almond flakes, roasted Brussels sprouts, sweet potato casserole and bread stuffing – to pick up and eat at home.
The Mattar Farm Kitchen, Dubai. From now until Christmas, Hattem Mattar and his team will be producing game- changing smoked turkeys that you can enjoy at home over the festive period.
Nolu’s, The Galleria Mall, Maryah Island Abu Dhabi. With much of the menu focused on a California inspired “farm to table” approach (with Afghani influence), it only seems right that Nolu’s will be serving their take on the Thanksgiving spread, with a brunch at the Downtown location from 12pm to 4pm on Friday.
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What is blockchain?
Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.
The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.
Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.
However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.
Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.
The five pillars of Islam
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
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Nayanthara: Beyond The Fairy Tale
Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
Sui Dhaaga: Made in India
Director: Sharat Katariya
Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav
3.5/5
UAE currency: the story behind the money in your pockets
KILLING OF QASSEM SULEIMANI
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 White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
Founders: Ines Mena, Claudia Ribas, Simona Agolini, Nourhan Hassan and Therese Hundt
Date started: January 2017, app launched November 2017
Based: Dubai, UAE
Sector: Private/Retail/Leisure
Number of Employees: 18 employees, including full-time and flexible workers
Funding stage and size: Seed round completed Q4 2019 - $1m raised
Funders: Oman Technology Fund, 500 Startups, Vision Ventures, Seedstars, Mindshift Capital, Delta Partners Ventures, with support from the OQAL Angel Investor Network and UAE Business Angels
The Year Earth Changed
Directed by:Tom Beard
Narrated by: Sir David Attenborough
Stars: 4