A majority of UAE residents would welcome artificial intelligence devices into their homes – but most would not accept automated doctors or teachers.
A YouGov poll found broad acceptance when it it came to installing smart home devices and automated transport, in particular.
More respondents than not said they would accept the prospect of automated news and media – rather than human-led – by 36 per cent to 25 per cent.
But close to half said teaching, family medicine and specialist medicine and surgery should be led by people.
A separate metric found close to one in three said they felt acceptance, hope and optimism towards artificial intelligence.
In contrast, 48 per cent of consumers surveyed showed some level of fear, confusion and "scepticism and concern around the development of AI".
Despite heavy criticism of the role tech platforms such as Twitter and Facebook play in global society, respondents tended to trust big, established companies with ethical automated decisions more than smaller companies and governments.
"Among UAE residents, even though the big technology companies (46 per cent) are trusted the most with this responsibility, the trust in government is also high and is above the global average (33 per cent vs 16 per cent)," YouGov's authors wrote.
These were the key findings of the International Technology Report 2021, which explores sentiments to AI across 17 geographies and 19,000 consumers, including more than 1,000 in the Emirates. YouGov's authors said the study aims to help public and private sector organisations plan, while acknowledging human concerns.
"One could argue that understanding of AI in general is limited, as humans straddle belief systems ranging from deep scepticism to bubbling enthusiasm for its potential ramifications for humankind," the report's authors wrote.
Polarised attitudes between East and West
Authors said consumers in western markets were overwhelmingly sceptical whereas eastern and emerging markets skewed more towards positive feelings, such as acceptance and optimism.
Consumers polled in France and the United States had the lowest acceptance of AI and automation with just 7 per cent and 14 per cent and the highest scepticism, 37 per cent and 39 per cent, in a multiple-choice question.
China, India, Hong Kong, Singapore and the Emirates were among the most accepting of the 17 nations and territories surveyed. Chinese consumers were eight times more likely to be positive than negative.
More broadly, the report's authors found that some of the greatest concerns were around "fear of losing control", with job losses to automated manufacturing an already much-debated issue in many societies.
Some of the main benefits concerned improving the ease of daily life and improving society, YouGov's authors said.
THE SPECS
Engine: Four-cylinder 2.5-litre
Transmission: Seven-speed auto
Power: 165hp
Torque: 241Nm
Price: Dh99,900 to Dh134,000
On sale: now
Company%20profile
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Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
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What is an ETF?
An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.
There is no fund manager deciding which stocks and other assets to invest in, instead they passively track their chosen index, country, region or commodity, regardless of whether it goes up or down.
The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.
There are thousands to choose from, with the five largest providers BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank X-trackers and Invesco PowerShares.
While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash.
Top financial tips for graduates
Araminta Robertson, of the Financially Mint blog, shares her financial advice for university leavers:
1. Build digital or technical skills: After graduation, people can find it extremely hard to find jobs. From programming to digital marketing, your early twenties are for building skills. Future employers will want people with tech skills.
2. Side hustle: At 16, I lived in a village and started teaching online, as well as doing work as a virtual assistant and marketer. There are six skills you can use online: translation; teaching; programming; digital marketing; design and writing. If you master two, you’ll always be able to make money.
3. Networking: Knowing how to make connections is extremely useful. Use LinkedIn to find people who have the job you want, connect and ask to meet for coffee. Ask how they did it and if they know anyone who can help you. I secured quite a few clients this way.
4. Pay yourself first: The minute you receive any income, put about 15 per cent aside into a savings account you won’t touch, to go towards your emergency fund or to start investing. I do 20 per cent. It helped me start saving immediately.
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ESSENTIALS
The flights
Emirates flies direct from Dubai to Rio de Janeiro from Dh7,000 return including taxes. Avianca fliles from Rio to Cusco via Lima from $399 (Dhxx) return including taxes.
The trip
From US$1,830 per deluxe cabin, twin share, for the one-night Spirit of the Water itinerary and US$4,630 per deluxe cabin for the Peruvian Highlands itinerary, inclusive of meals, and beverages. Surcharges apply for some excursions.
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Results
Ashraf Ghani 50.64 per cent
Abdullah Abdullah 39.52 per cent
Gulbuddin Hekmatyar 3.85 per cent
Rahmatullah Nabil 1.8 per cent