OCTOBER 20194 Vol 5 · Issue 4 - 3 · October 03, 2019 Publisher Alok Chaturvedi Managing Editor Nandini Mukherjee Special Editor Chitra Mishra Editorial Team Amit Raja Naik Aparna Roy Monica Pallavi J Riya Sethi Sales & Marketing Madan D S Garima Anand Editorial Queries editor@startupcity.com To subscribe Visit www.siliconindiamagazine.com/subscribe Cover price is ` 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2019 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Just when we thought AI has done it all, the alpha technology added a new route to its propaganda in terms of economy building. AI is not just flowing vertically, but horizontally as well. It has been estimated that AI could contribute up to USD 15.7 trillion to the global economy in 2030, more than the current output of China and India combined. Of this, USD 6.6 trillion is likely to come from increased productivity and USD 9.1 trillion is likely to come from benefits to consumers. In the wake of the fourth industrial revolution, governments and businesses across the Middle East are beginning to realize the global shift towards AI and advanced technologies. Now they have a choice to make between being a part of the technological disruption, or being left behind. Given the extraordinary GDP of the region, and the consequent positive economic impact, being left behind is not an option for the Middle East IT market. It is estimated that the Middle East is expected to accrue 2 percent of the total global benefits of AI in 2030. This is equivalent to USD 320 billion. The UAE, Saudi Arabia and Qatar, in particular, have demonstrated strong enthusiasm and commitment towards the development and implementation of AI technologies. Businesses in these parts of the region have been investing heavily in new technology, supported by governments as early consumers of the technology. Last October, Saudi Arabia became the first country to grant citizenship to a robot. But it isn't the only Middle East country making strides in AI. The UAE, as part of its plans to have robot cops and autonomous vehicles on its roads and in its skies surprisingly soon enough, has appointed a State Minister for AI- Omar bin Sultan Al Olama. This is what he said after taking the position, "In 10 years we will be the capital of AI in service and government. I also think we will be a hub for AI in the region".The hype is real and we couldn't get our heads around the fact that there is very less about the torch bearers of this industry on the internet. Therefore, we proposed bring the budding AI startups that have held the charge for the Middle Eastern AI culture. These 10 Best AI Startups in Middle East have addressed few peculiar business as well as lifestyle problems. Take a look and do let us know what you think.Chitra MishraSpecial EditorAI is the New Entrant in Middle East's EconomyEDITOR'S NOTEVisualisers Veena R Piddannavar Suanya siliconindiasiliconindiasales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran PerumalSr. Manager Sales & Marketing Virupakshi Pattar
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