An AI sign is seen at the World Artificial Intelligence Conference in Shanghai, China. Reuters
An AI sign is seen at the World Artificial Intelligence Conference in Shanghai, China. Reuters
An AI sign is seen at the World Artificial Intelligence Conference in Shanghai, China. Reuters
An AI sign is seen at the World Artificial Intelligence Conference in Shanghai, China. Reuters

Rishi Sunak told success of global AI summit rests on China's attendance


Laura O'Callaghan
  • English
  • Arabic

The success of the first global summit on artificial intelligence, set to be hosted by Britain this autumn, rests largely on whether China will attend, a leading AI expert has told The National.

Prime Minister Rishi Sunak is attempting to spearhead an international coalition on AI safety amid warning from industry bosses that technology being developed could lead to many humans being killed if proper safeguards are not introduced.

His desire to place Britain at the forefront of the movement has been received well, but those with a stake in the gathering are holding their breath to see whether Beijing will be sent an invite.

The UK government has yet to announce a guest list or date for the meeting.

‘Don’t ignore China’

Professor Max Tegmark, a physicist and AI researcher at the Massachusetts Institute of Technology, said if a Chinese delegation are at the table the event has the potential to be a “turning point” for AI safety standards.

But he warned a snub from London could be perceived by Beijing as a murky plot by the West to use AI against its interests.

“If they do it without China it may make things worse in that it could make China feel that Britain and the West are trying to weaponise AI against it,” Prof Tegmark told The National.

“It’s great that the UK has taken this initiative because change really needs to happen at global level.”

Announcing the summit during a visit to the US in June, Mr Sunak said the time has come to instigate a “global effort” to make sure AI is “developed and used in a way that is safe and secure”.

People visit the World Artificial Intelligence Conference in Shanghai on July 7. AFP
People visit the World Artificial Intelligence Conference in Shanghai on July 7. AFP

Prof Tegmark, who cofounded the Future of Life Institute in 2014 to research and reduce risks posed by AI, said China is “limiting what AI can do” while the West stands idly by.

Rather than competing with the Chinese on the AI front, Britain, the US and their allies should look to join forces with the superpower, he added.

The researcher said the summit should have two main goals: to reach a joint communique from world leaders committing to improving AI safety to protect humans, and to recognise that working together in this area will benefit all nations.

Humans vs machines

Matt Clifford, an adviser to Mr Sunak, has said AI could reach an advanced stage where it could "kill many humans" if not kept under control.

AI technology that is being developed now could eventually become “more powerful than the US government” which would represent a direct threat to democracy, he warned.

“It’s obvious that if we can get it right the US, UK, China and other countries will dramatically get richer than they are today,” he explained.

“It’s important to remember that with future AI it will not be us vs them in terms of the East vs West. It will be us vs it, humans vs machines.

“AI has the potential to become the most dangerous thing ever. It’s going to become so powerful that this new technology will be a new species.

“We are going to have to make this safe or we could get wiped out.

“It’s important that Rishi Sunak really gets this. He may be one of the few world leaders who gets it, in which case it is awesome. But if he does not invite China I will withdraw this statement.

“I’m sure China would be happy to accept an invite.”

'Address dangerous rise in deepfakes'

Robert Pritchard, director of The Cyber Security Expert, a consultancy firm based in the West Midlands in England, said the current climate will provide much subject matter for the discussions, pointing to the rise in deepfakes.

This type of AI is used to create convincing images, audio or video hoaxes.

Politicians and celebrities have fallen victim to such technology.

DeepMedia, an American start-up that detects fake media online, estimated that 500,000 video and voice deepfakes would be shared on social media sites around the world in 2023.

The Electoral Commission, Britain’s electoral watchdog, issued a warning earlier this year saying current laws preventing political disinformation were “very old and really need to be updated”.

Mr Pritchard said highlighted the “dangerous” rise of deepfake technology and its spread on social media.

Online platforms are already being used by scammers to defraud people on a mammoth level, he said, and the government has yet to get on top of the problem.

He said fraud needs to be tackled head on in the current climate, instead of policymakers waiting for technological advancements to exacerbate the problem.

“It is foolish to think that AI advancements could cause online fraud to grow into a exponential problem because it already is a problem,” he told The National.

“I would like the government to have a specific focus on cyber fraud. We don’t do a particularly good job of clamping down on international gangs and organised crime.

“I think fraud should be in focus but I don’t think it needs special focus because of AI.”

The lack of certainty around the timing of the summit is reported to have irked Britain’s allies.

Oliver Dowden, the UK’s deputy prime minister, initially said a date in December had been earmarked. But multiple reports suggested it will be held in November.

A spokesman for the UK government said the details of the AI summit were still being finalised.

In a statement, the government said the event will bring together “key countries, as well as leading technology companies and researchers, to drive targeted, rapid international action and to build on developing the regulatory guardrails we need for the safe and responsible development of AI.”

“Our AI White Paper sets out a proportionate and adaptable approach to AI regulation to support its responsible development and deployment in the UK, as well as ensuring the right guardrails are in place to address any risks that may arise. We’ll set out further details on the summit due course.”

The UK published its AI White Paper in March, outlining its vision to adapt to the fast-moving developments of artificial intelligence in a strategy based on five principles including safety, transparency and fairness.

Britain’s AI industry contributed £3.7 billion to the economy and employed 50,000 people in 2022.

How to improve Arabic reading in early years

One 45-minute class per week in Standard Arabic is not sufficient

The goal should be for grade 1 and 2 students to become fluent readers

Subjects like technology, social studies, science can be taught in later grades

Grade 1 curricula should include oral instruction in Standard Arabic

First graders must regularly practice individual letters and combinations

Time should be slotted in class to read longer passages in early grades

Improve the appearance of textbooks

Revision of curriculum should be undertaken as per research findings

Conjugations of most common verb forms should be taught

Systematic learning of Standard Arabic grammar

Breast cancer in men: the facts

1) Breast cancer is men is rare but can develop rapidly. It usually occurs in those over the ages of 60, but can occasionally affect younger men.

2) Symptoms can include a lump, discharge, swollen glands or a rash. 

3) People with a history of cancer in the family can be more susceptible. 

4) Treatments include surgery and chemotherapy but early diagnosis is the key. 

5) Anyone concerned is urged to contact their doctor

 

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.”

Alan%20Wake%20Remastered%20
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Apple%20Mac%20through%20the%20years
%3Cp%3E1984%20-%20Apple%20unveiled%20the%20Macintosh%20on%20January%2024%3Cbr%3E1985%20-%20Steve%20Jobs%20departed%20from%20Apple%20and%20established%20NeXT%3Cbr%3E1986%20-%20Apple%20introduced%20the%20Macintosh%20Plus%2C%20featuring%20enhanced%20memory%3Cbr%3E1987%20-%20Apple%20launched%20the%20Macintosh%20II%2C%20equipped%20with%20colour%20capabilities%3Cbr%3E1989%20-%20The%20widely%20acclaimed%20Macintosh%20SE%2F30%20made%20its%20debut%3Cbr%3E1994%20-%20Apple%20presented%20the%20Power%20Macintosh%3Cbr%3E1996%20-%20The%20Macintosh%20System%20Software%20OS%20underwent%20a%20rebranding%20as%20Mac%20OS%3Cbr%3E2001%20-%20Apple%20introduced%20Mac%20OS%20X%2C%20marrying%20Unix%20stability%20with%20a%20user-friendly%20interface%3Cbr%3E2006%20-%20Apple%20adopted%20Intel%20processors%20in%20MacBook%20Pro%20laptops%3Cbr%3E2008%20-%20Apple%20introduced%20the%20MacBook%20Air%2C%20a%20lightweight%20laptop%3Cbr%3E2012%20-%20Apple%20launched%20the%20MacBook%20Pro%20with%20a%20retina%20display%3Cbr%3E2016%20-%20The%20Mac%20operating%20system%20underwent%20rebranding%20as%20macOS%3Cbr%3E2020%20-%20Apple%20introduced%20the%20M1%20chip%20for%20Macs%2C%20combining%20high%20performance%20and%20energy%20efficiency%3Cbr%3E2022%20-%20The%20M2%20chip%20was%20announced%3Cbr%3E2023%20-The%20M3%20line-up%20of%20chip%20was%20announced%20to%20improve%20performance%20and%20add%20new%20capabilities%20for%20Mac.%3C%2Fp%3E%0A
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

Short-term let permits explained

Homeowners and tenants are allowed to list their properties for rental by registering through the Dubai Tourism website to obtain a permit.

Tenants also require a letter of no objection from their landlord before being allowed to list the property.

There is a cost of Dh1,590 before starting the process, with an additional licence fee of Dh300 per bedroom being rented in your home for the duration of the rental, which ranges from three months to a year.

Anyone hoping to list a property for rental must also provide a copy of their title deeds and Ejari, as well as their Emirates ID.

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

UAE currency: the story behind the money in your pockets
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match info

Union Berlin 0

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Man of the Match: Benjamin Pavard (Bayern Munich)

UAE currency: the story behind the money in your pockets
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Updated: August 23, 2023, 5:00 AM