There has been much debate about the use of artificial intelligence following the launch of text generator ChatGPT in November last year.
There has been much debate about the use of artificial intelligence following the launch of text generator ChatGPT in November last year.
There has been much debate about the use of artificial intelligence following the launch of text generator ChatGPT in November last year.
There has been much debate about the use of artificial intelligence following the launch of text generator ChatGPT in November last year.

Collins Dictionary reveals its word of the year


Soraya Ebrahimi
  • English
  • Arabic

The Collins Word of the Year 2023 has been revealed as the abbreviation of artificial intelligence – AI.

AI, which the dictionary said means the “modelling of human mental functions by computer programmes”, has dominated conversations in 2023.

There has been much debate about the use of the technology following the launch of text generator ChatGPT in November last year.

Lexicographers at Collins Dictionary put “AI” at the top of the list after looking at media sources, including social content, because the term has “accelerated at such a fast pace”.

“We know that AI has been a big focus this year in the way that it has developed and has quickly become as ubiquitous and embedded in our lives as email, streaming or any other once futuristic, now everyday technology,” said Alex Beecroft, managing director of Collins.

“Use of the word as monitored through our Collins Corpus is always interesting and there was no question that this has also been the talking point of 2023.”

Other words on Collins's list include “nepo baby”, which has become a popular phrase to describe the children of celebrities who have succeeded in industries similar to those of their parents, and “debanking” or depriving people of banking facilities

Former Ukip leader Nigel Farage hit the headlines when he said his Coutts account had been shut down by NatWest Group because his political beliefs did not align with the bank.

A report by law firm Travers Smith showed “serious failings” in the bank’s treatment of him but also said Mr Farage’s accounts being unprofitable was the principle reason for the decision.

Is AI the future of art? – in pictures

  • Argentine artist Sofia Crespo holds one of her works as she poses for a photo at the Estrela garden in Lisbon on June 8, 2022. AFP
    Argentine artist Sofia Crespo holds one of her works as she poses for a photo at the Estrela garden in Lisbon on June 8, 2022. AFP
  • Sofia Crespo creates her works with the help of artificial intelligence. AFP
    Sofia Crespo creates her works with the help of artificial intelligence. AFP
  • She is part of the 'generative art' movement, where humans create rules for computers which then use algorithms to generate new forms, ideas and patterns. AFP
    She is part of the 'generative art' movement, where humans create rules for computers which then use algorithms to generate new forms, ideas and patterns. AFP
  • Sofia Crespo holds one of her works as she poses for a photo. AFP
    Sofia Crespo holds one of her works as she poses for a photo. AFP
  • Undated handout photo issued by Aidan Meller of a portrait of Queen Elizabeth II, painted by an ultra-realistic humanoid robot artist. The painting, titled 'Algorithm Queen', was painted by Ai-Da robot, an AI robot built in 2019 that creates drawings, paintings and sculptures.
    Undated handout photo issued by Aidan Meller of a portrait of Queen Elizabeth II, painted by an ultra-realistic humanoid robot artist. The painting, titled 'Algorithm Queen', was painted by Ai-Da robot, an AI robot built in 2019 that creates drawings, paintings and sculptures.
  • The Ai-Da robot, the world's first ultra-realistic humanoid robot, on view for a show organised by the Concilio Europeo dell'Arte (Council of Europe) at the 59th International Art Exhibition in Venice, Italy, on April 20, 2022. EPA
    The Ai-Da robot, the world's first ultra-realistic humanoid robot, on view for a show organised by the Concilio Europeo dell'Arte (Council of Europe) at the 59th International Art Exhibition in Venice, Italy, on April 20, 2022. EPA
  • Ai-Da paints an image during a photocall in central London. AFP
    Ai-Da paints an image during a photocall in central London. AFP

Oscar-winning actress Jamie Lee Curtis, the daughter of Janet Leigh and Tony Curtis, and singer Noel Gallagher, the father of model Anais Gallagher, have both spoken about the nepo baby debate.

Gallagher told Radio X it is “human to help your children”, while Curtis said after accepting a Screen Actors Guild award for her role in Everything Everywhere All At Once that people may “think, well, nepo baby”, but this is “amazing” personally.

Also on the list of key words is “ultraprocessed” or “ultra-processed” food and “semaglutide”, a medication used to control appetite.

Sold under the brand names Wegovy, Ozempic and Rybelsus, former prime minister Boris Johnson referred to the drug in his first Daily Mail column in June.

“The cost-of-living crisis is also inescapable, with words like greedflation rising sharply, shining a spotlight on corporates,” Mr Beecroft also said.

“Other words in the list have also provoked interesting conversations, particularly around people’s health, with ultra-processed coming into the attention of the media and semaglutide also making headlines.”

Social media terms such as “deinfluencing” or “de-influencing”, meaning to “warn followers to avoid certain commercial products”, and the TikTok trend of calling character-forming experiences “canon events” are also on the Collins list.

“Greedflation”, meaning companies pushing up the cost of goods to make a profit, and “Ulez”, or the ultra-low emission zone in London, were also mentioned.

This summer’s Ashes series between England and Australia had many people talking about a style of cricket called “Bazball”, according to Collins.

The term refers to New Zealand cricketer and coach Brendon McCullum, known as Baz, who has a philosophy of relaxed minds, aggressive tactics and positive vibes.

The lexicographers at Collins Dictionary monitor their 18-billion-word database to create the annual list of new and notable words that reflect our ever-evolving language and the preoccupations of those who use it.

Last year, they chose “permacrisis”, defined as “an extended period of instability and insecurity”, as word of the year.

The Breadwinner

Director: Nora Twomey

Starring: Saara Chaudry,  Soma Chhaya,  Laara Sadiq 

Three stars

Company profile

Name: Thndr

Started: October 2020

Founders: Ahmad Hammouda and Seif Amr

Based: Cairo, Egypt

Sector: FinTech

Initial investment: pre-seed of $800,000

Funding stage: series A; $20 million

Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC,  Rabacap and MSA Capital

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

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The Pope's itinerary

Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport


Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial


Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport

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Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
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Updated: November 01, 2023, 12:01 AM