Al-Benyan: AI to Be Responsible for 70% of Business Practices

Ragya Wael February 28, 2024

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Al-Benyan: AI to Be Responsible for 70% of Business Practices

Saudi Minister of Education Yousef Al-Benyan said in an interview that 40% of work skills will undergo radical changes, and artificial intelligence (AI) will be responsible for approximately 70% of business practices globally, reported EKH News.

Table of Contents

AI Will Create Jobs

Last year, the President of the Saudi Data and Artificial Intelligence Authority (SDAIA) Abdullah bin Sharaf Alghamdi highlighted the significant impact of artificial intelligence in the labor market, reported the Saudi Press Agency. AI may create an impressive 69 million jobs over the next five years, according to a recent report by the World Economic Forum.

AI in Today’s Workforce

During the first global labour market conference, Alghamdi emphasized AI’s role in enhancing current human jobs rather than replacing them. This aligns with a study by the International Labour Organization.

Job Market Evolution

Alghamdi stressed that the evolving labor market, leaning towards Artificial Intelligence, should be viewed as an opportunity rather than a threat. Proper implementation of AI, governed by relevant policies, can significantly enhance human capabilities and offer innovative solutions.

New Job Titles Emerging

The job market has seen the emergence of new roles such as AI engineer and content experts. This dynamic shift leads to strategic challenges,. The challenges include a shortage of employees skilled enough for these new roles and therefore greater competition in the market for this small number of skilled employees.

Taif Education Launches “Hour of Intelligence” Initiative

Saudi Arabia Claims Top Spot in Competition

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