CEO of Abu Dhabi Sovereign Wealth Fund: The world has not yet fully realized the disruptive impact that AI will bring.

Abu Dhabi sovereign wealth fund Mubadala Investment Company's CEO Khaldoon Mubarak said in an interview that the world has not fully realized the extent of changes that artificial intelligence (AI) will bring to every aspect of human life. Mubarak said, "In terms of risks, this is a technology that no one truly understands today, the true extent of disruption it will bring, affecting our lives, businesses, human capital, employment, and every aspect, every industry will be disrupted." "I think, although there are many opportunities, it also brings significant risks. It is still unclear, because technology is developing so fast, we are all trying to catch up as much as possible." Mubarak outlined Mubadala Investment Company's efforts in artificial intelligence and supporting infrastructure for this emerging technology, including data centers and chip manufacturing. For example, Mubadala Investment Company is the founding investor of MGX, a dedicated on AI investment tool in Abu Dhabi. Last October, the fund participated in the latest round of $6.6 billion financing for OpenAI. In the same month, the fund's AI company G42 announced a partnership with OpenAI to develop AI in the UAE and regional markets. Furthermore, last year, Microsoft Corporation invested $1.5 billion in G42, a deal that allowed G42 to use Microsoft's cloud services to run its AI applications. In December of last year, as part of the partnership agreement, Washington approved the export of advanced AI chips to a factory operated by Microsoft Corporation in the UAE. Mubarak is optimistic about the future of artificial intelligence and the UAE's ability to leverage it through its investment strategy. He said, "There will be very high demand in realizing this technology." "When you look at these investments from a ten-year perspective, I think the growth in demand is so strong that even if you take a conservative view, there will be overwhelming growth in this field." "This gives me great confidence. I think this is the opportunity we see." Will continue to invest in China Looking at the global political landscape, Mubarak said that despite potential trade barriers expected from the new US administration, Mubadala Investment Company plans to continue investing in China. Mubarak said, "I would say we are still committed to investing in China." He added, "Let's look at the basics. China is the world's second-largest economy, with 1.4 billion people, a growing middle-income group, and continuous GDP growth. These are the fundamental frameworks we look at China with." Mubarak said, "I think, not only for China, but for the whole world, ultimately, there is enough room for a practical and reasonable soft landing. I think this will produce the most ideal result for everyone." He also believes that the domestic economy of China is crucial, especially considering the evolution of trade or the global trade situation, "Any measures that continue to stimulate the Chinese consumer market are positive signals for the market."