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29.02.24 12:56

Company in the UAE adds artificial intelligence observer to its board of directors

It has no voting rights

One of the international companies of the United Arab Emirates (UAE) with a turnover of 238 billion dollars has announced the creation of a new Board Observer position for an “Artificial Intelligence (AI) Observer”. This is reported by Emirates News Agency (WAM). The management hopes it will help make the right strategic decisions.

The firm says the virtual employee will be able to “encompass a wide range of responsibilities, including continuous data analysis, risk assessment, strategic planning support, innovation tracking, and ethical and compliance monitoring." It will attend meetings as a non-voting observer.

CEO of the company Syed Basar Shueb said that this groundbreaking initiative reflects dedication to embracing cutting-edge technology and innovation, ensuring that firm remains a leader in strategic investment and corporate responsibility.

The practice of introducing AI into company management processes already existed in Hong Kong. Earlier, UAE Minister of Education Ahmad Belhoul Al Falasi announced the use of artificial intelligence in teaching activities. He assured that the country uses the technology only to remove administrative tasks from the teacher.

Photo: IStock

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