Ayman Alfallaj & George Nazi on #Govtech and Economic Transformation at #FII8

The panel "HOW WILL GOVTECH DRIVE ECONOMIC TRANSFORMATION THROUGH AI?" took place at the King Abdulaziz International Conference Center in Riyadh on October 30, 2024, during the 8th Edition of Future Investment Initiative. #fII8 Governments are increasingly turning to AI-powered solutions not just to improve services but to fundamentally reshape their economies and unlock new sources of value creation. According to McKinsey, generative AI alone could add an estimated $2.6 trillion to $4.4 trillion annually to global corporate profits, demonstrating the immense scale of this opportunity. As Saudi Arabia invests in GovTech and AI, how can it become a global leader in harnessing these technologies to drive innovation, foster competitiveness, and build a more resilient and diversified economy for the future? SPEAKERS: Ayman Alfallaj, CEO, THIQAH George Nazi, CEO, SCAI (Saudi Company for Artificial Intelligence) MODERATOR: Yasir Al-Saggaf, Anchor and Presenter, MBC