Page 35 - FUTURE FESTIVAL PR REPORT - MAY 2024

5/15/24, 11:21 AM Future Festival 2024 set to highlight AI-driven innovations and connect industry leaders for the first time in Dubai | Web Release
Jeremy Gutsche, CEO and Innovation Expert at Trend Hunter stated: “In an age of rapid change, it is

critical to establish a culture of high performance and adaptability to ensure sustained growth. At this

year’s Future Festival, participants will gain insights into empowering their teams to innovate and
embrace change, especially about the evolving implications of AI. This is also in line with the UAE’s

National Strategy Artificial Intelligence 2031, which reflects the country’s vision of becoming a global

leader in AI by 2031. Together, we hope to develop a shift

in mindset that is crucial to achieving success and evaluate concrete strategies that can turn goals into

quantifiable results.

Additionally, participants will have access to the ‘Healthcare Technology’ session which is a nuanced

evaluation of the industry, ‘Innovation Tactics’ session which aims to comprehend case studies, best

practices, and ideas for accomplishing objectives, ‘Food and Beverage Leisure’ session to explain the

ongoing transformation in the industry, along with the ‘Food Leisure’ session to discuss how AI

impacts the CPG, restaurant, and culinary industries.

Other sessions include ‘Future Tech and the Next Frontier,’ which will be led by Sean Scharf, CCO of

Trend Hunter, and will highlight the transformative influence of AI on creativity, efficiency, and

consumer interaction. In addition to providing insights into a smarter, more innovative future, Sean will

also discuss the profound effects of AI on the workforce, consumer experience, and everyday life.

Likewise, the ‘Reflection and Reprioritisation’ session will distil the most significant learnings and
insights from the event for participants.

According to International Data Corporation, annual spending on AI in the Middle East and Africa is

anticipated to increase by 32 per cent. The UAE stands to benefit the most from this, especially as the

technology sector is set to contribute approximately USD 97 billion to the country’s GDP.

The UAE is also committed to achieving the goals outlined in the UAE Centennial 2071, and has

begun integrating AI into government operations, which promises to improve efficiency and

effectiveness, positioning the country as a global leader in AI applications. Assuming that automation is

extensively implemented in each industry, the UAE could benefit from an increase in economic output

of AED 335 billion.

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