Scientists from over 100 countries gathered this week at the Dubai Future Forum, the largest gathering of futurists in the world, to discuss the challenges that lie ahead in a world where technological innovation and artificial intelligence are shaping the future of humanity. The forum, which took place on November 21st, 2024, saw experts making predictions about the revolutionary changes that will pave the way for how people live, how companies are managed, and how the universe will be explored.
One of the key themes discussed at the forum was the need for a new framework for innovation. As Khalfan Belhoul, the CEO of Dubai Future Foundation, explained, innovation requires an adaptive framework that fosters technological progress while ensuring safety. This includes the use of regulatory labs and sandbox systems, where policymakers, entrepreneurs, and stakeholders can come together to collaborate and refine solutions.
The forum also highlighted the impact of the technology supercycle, which is expected to reshape the world and change corporate roles. Three technologies in particular – Artificial Intelligence (AI), biotechnology, and advanced sensors – are predicted to have a profound effect on sectors and societies worldwide over the next five years. For example, healthcare is expected to become increasingly personalized, with the potential to create digital twins of individual bodies and enable treatments tailored to specific conditions. In a first for history, there is even the possibility of a Fortune 500 company being led by an AI executive.
In addition to technological advancements, the forum also focused on the importance of turning to nature for greater energy security. Experts predict that global solar energy capacity will double from 220 gigawatts in 2024 to 450 gigawatts in 2025 – more than the total installed power capacity of Germany and Spain combined. Furthermore, investment in nature-based solutions will become a crucial part of comprehensive climate strategies, helping to reduce climate-related losses.
The Dubai Future Forum is an annual event that brings together experts from various fields to discuss and shape the future of humanity. For more information about the forum, please visit dubaifuture.ae/dubai-future-forum-2024.
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