Riyadh's Global AI Summit Explores Human-AI Interaction

Riyadh's Global AI Summit Explores Human-AI Interaction
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Riyadh's Global AI Summit Explores Human-AI Interaction

Riyadh's Global AI Summit Explores Human-AI Interaction

The third edition of the Global AI Summit, organized by the Saudi Data and AI Authority (SDAIA) in Riyadh, will review the international interest in data and AI, given the increasing growth in this sector and its impact on decision-making and business facilitation.
Around 120 dialogue sessions and workshops will discuss the relationship between the human mind and AI and whether it is based on integration or competition, the extent of compatibility between the capabilities of AI and human capabilities and the impact of this interaction on making and enhancing human decisions, in addition to understanding the capabilities of these technologies and assessing the extent to which they can achieve the public benefit of humanity
From September 10 to 12, participants and attendees from more than 100 countries will tackle how AI assists humans, especially in providing insights, analyzing data, and harmonizing in an integrated relationship in various aspects of psychological, social, and cultural life related to the use of these technologies, in addition to supporting decision-making processes in vital areas such as healthcare, finance, business, developing technical and creative skills, and analyzing social networks.
The Global AI Summit will display the ability of AI systems to understand human language and enhance the learning experience and the extent to which human-AI interaction applications are developing in the way to a better quality of life for humans, considering the Kingdom's interest in supporting the United Nations Sustainable Development Goals 2030, in which humans are its focus.
The summit is one of the key global summits in this field. Riyadh will witness an international presence from different continents to discuss the dimensions of AI and agree on formulating ideas and visions to explore the features of human-AI interaction.
The Global AI Summit is a remarkable opportunity for experts to exchange ideas and learn about the latest developments in a number of specializations, including learning technologies, accessibility and health, and human-robot interaction and its impact on supporting various aspects that help it adapt to these advanced technologies and employ them optimally while expanding the benefit of AI solutions in accelerating the wheel of development and growth in various fields to build a better present and future for subsequent generations.
The summit integrates with the objectives of the Saudi Vision 2030 and its aspirations to transform the Kingdom into a global hub for advanced technologies under the leadership of SDAIA.



Gold Eases as Traders Wait for US Economic Data

Gold bars from the vault of a bank are seen in this illustration picture taken in Zurich November 20, 2014. Reuters
Gold bars from the vault of a bank are seen in this illustration picture taken in Zurich November 20, 2014. Reuters
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Gold Eases as Traders Wait for US Economic Data

Gold bars from the vault of a bank are seen in this illustration picture taken in Zurich November 20, 2014. Reuters
Gold bars from the vault of a bank are seen in this illustration picture taken in Zurich November 20, 2014. Reuters

Gold prices eased on Tuesday, while investors awaited a slew of US economic data to gauge the size of the Federal Reserve's expected interest rate cut this month.
Spot gold fell 0.2% at $2,495.50 per ounce by 0630 GMT. Prices hit a record high of $2,531.60 on Aug. 20.
US gold futures steadied at $2,527.50.
The dollar lingered near a two-week high, making bullion less appealing for other currency holders.
"Gold is unable to recapture levels around all-time highs due to lack of fresh positive catalysts. If we see U.S. data pointing to a weak economy and the Fed taking to the narrative of having a jumbo rate cut, gold will rally," said Kelvin Wong, OANDA's senior market analyst for Asia Pacific.
"Prices could go as high as $2,640 this year."
Market focus is on Friday's US August non-farm payrolls report. Economists surveyed by Reuters expect the addition of 165,000 US jobs.
ISM surveys, JOLTS job openings and ADP employment report are also on investors' radar.
Traders currently see a 31% chance of a 50-basis-point rate cut at the Fed's Sept. 17-18 policy meet and a 69% chance of a quarter-point cut.
Last week, data showed US consumer spending picked up in July, arguing against a 50-bp rate cut.
Gold "remains our preferred hedge against geopolitical and financial risks, with additional support from imminent Fed rate cuts and ongoing emerging market central bank buying. We open a long gold trade recommendation," Goldman Sachs said.
Bullion is considered a safe asset amid turmoil and tends to thrive in a low rate environment.
Spot gold may test support at $2,473, a break below that could open the way towards $2,434, according to Reuters technical analyst Wang Tao.
Spot silver dipped 0.5% to $28.35, platinum fell 1% to $921.05 and palladium lost 1% to $968.62.