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.



Tel Aviv Shares Hit Record Highs after US Strikes Iran Nuclear Sites

A Tel Aviv Stock Exchange sign is seen at the bourse in Tel Aviv, Israel November 4, 2020. REUTERS/Amir Cohen/File Photo
A Tel Aviv Stock Exchange sign is seen at the bourse in Tel Aviv, Israel November 4, 2020. REUTERS/Amir Cohen/File Photo
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Tel Aviv Shares Hit Record Highs after US Strikes Iran Nuclear Sites

A Tel Aviv Stock Exchange sign is seen at the bourse in Tel Aviv, Israel November 4, 2020. REUTERS/Amir Cohen/File Photo
A Tel Aviv Stock Exchange sign is seen at the bourse in Tel Aviv, Israel November 4, 2020. REUTERS/Amir Cohen/File Photo

Israeli stocks hit record highs on Sunday after the US attacked Iran's nuclear sites in strikes investors believe would likely prevent Tehran from developing nuclear weapons anytime soon.

The broad Tel Aviv 125 index closed 1.8% higher, extending gains to nearly 8% the past week, while the blue-chip TA-35 gained 1.5%.

On the heels of Israeli strikes in Iran, shares rose during all five sessions last week, gaining some 6%, as Israel hit Iranian nuclear and military targets prior to Saturday's surprise US attacks, Reuters reported.

"The destruction of Iran's key nuclear facilities by the US military is, of course, a positive development ... in terms of improving the regional security environment and reducing Iran’s military and nuclear capabilities," said Mizrahi Tefahot chief markets economist Ronen Menachem. "It's a game-changer."

Israel began its punishing attacks on Iranian nuclear facilities, ballistic missile factories and military commanders on June 13, which have been met with retaliatory Iranian strikes against Israel.

US President Donald Trump said he had "obliterated" Iran's main nuclear sites in strikes overnight with massive bunker busting bombs, joining an Israeli assault in a significant new escalation of conflict in the Middle East.

Tehran vowed to defend itself, and responded with a volley of missiles at Israel that wounded scores of people and destroyed buildings in Tel Aviv on Sunday.

In addition to gains in shares, government bond prices have risen, the shekel has appreciated and Israel's risk premium has edged lower.

Bond prices increased as much as 0.2% on Sunday. The shekel does not trade on Sunday but it has rallied from 3.61 per dollar on June 11 to 3.48 on Friday and is up some 1% this month.