Page 27 - FUTURE FESTIVAL PR REPORT - MARCH 2024

3/7/24, 11:16 AM Dubai to host Future Festival 2024: A revolutionary summit for Innovation trends driven by AI – Executive Bulletin
Inflection Point. This is expected to provide attendees with a more comprehensive picture

on how AI can serve as catalysts for further advancements and innovation in the future.

Jeremy Gutsche, award-winning author, CEO & Innovation Expert at Trend Hunter

stated: “As the host city, Dubai is demonstrating its unwavering commitment to

technological advancements as well as building a platform to generate discussions that

provide a glimpse into the future of artificial intelligence. We are confident that this summit

will transform the innovation landscape, and we are truly honoured to be playing a

significant role in encouraging global efforts and cooperation.”

The UAE has demonstrated its commitment to fostering and advancing the growth of

artificial intelligence by launching the National Artificial Intelligence Strategy 2031, which

seeks to enhance the adoption of this transformative technology across numerous vital

sectors, including education and government services. This strategy aims to position the

country as a global hub for AI. Similarly, Dubai has also embarked on various initiatives to

promote AI and its potential as a revolutionary technology. The emirate has been rightfully

named the ‘City of Future’ as its technological and innovation leadership across numerous

key sectors, from health and hospitality to retail, has been remarkable, fostering an

environment conducive to growth. In the coming years, it is projected that the AI market in

the Middle East would expand considerably as more and more companies have started to

integrate AI into their operations. PwC research has found that artificial intelligence would

account for about 14 percent of the UAE’s GDP by 2030, while the Middle East would
reap 2 percent ($320 billion) of the total global benefits of AI.

DXB LIVE, being one of the fastest-growing event agencies in the Middle East, will

deliver its extensive expertise in planning and organising large-scale events, while Trend

Hunter, the world’s largest community for trend spotting across industries, will offer its
valuable insights into the constantly changing world of technology. Together, they

represent a powerful combination that promises a significant meeting platform.

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