UAE: More AI, Less PE
November 9, 2019
The field of artificial intelligence has reached a milestone—the first graduate-level university dedicated to it is set to open next year. Interesting Engineering reports, “World’s First AI University Has More than 3200 Applicants Already.” The Mohamed bin Zayed University of Artificial Intelligence is being built in Abu Dhabi. It is named for the country’s crown prince, who is big on using science to build up his nation’s human capital. The school received those thousands of applications in its first week of admissions. The aspiring grad students are located around the world, but most are in the UAE, Saudi Arabia, Algeria, Egypt, India, and China. It is no surprise interest is so high—students will get a sweet deal. Reporter Donna Fuscaldo writes:
“The school aims to create a new model of academia and research for AI and to ‘unleash AI’s full potential.’ Students get access to some of the most advanced AI systems as part of the program. Students can earn a Master of Science (MSc) and PhD level programs in machine learning, computer vision, and natural language processing. All admitted students get a full scholarship, monthly allowance, health insurance, and accommodation. The first class will commence in September 2020.”
The time is ripe for such an institution. With AI now permeating nearly every industry, research firm PwC Global predicts that by 2030 it will have a $25.7 trillion impact on the global economy ($6.6 trillion from increased productivity and $9.1 trillion from “consumption-side effects”) and provide a 26% GDP boost for local economies. It is no wonder many students are eager to get in on the ground floor.
Cynthia Murrell, November 09, 2019