‘AI, blockchain complementary, must be used responsibly’

Overuse of technology may lead to polarization: Expert

• Technology, however, can be a powerful tool to deal with global challenges such as climate change, poverty, and inequality, says MIT's Senseable City Lab director Carlo Ratti.
• It's up to us to ensure that we use technology in a responsible and ethical way to create a better future for all, adds Ratti, the founder of CRA-Carlo Ratti Association

UAE has incredible position in the world: Salesforce CEO

• All industries and businesses should focus on net zero emissions, nature positivity, net zero business and eventually a net zero world, Salesforce chief Marc Benioff tells TRENDS
• Benioff advocates for global commitment to green initiatives, net zero emissions, and has expedited One Trillion Tree initiative to tackle climate change

Greed fueling suffering around the world, says US rapper Will.i.am

• Greed is the biggest problem in the world, leading to wealth inequality and suffering for many, American rapper and songwriter Will.i.am tells TRENDS in an exclusive interview
• Will.i.am's philanthropic initiative has impacted over 12,000 students in LA, equipping them with the skills to become job creators and establish future-ready businesses

‘Morocco economy robust, 80% of exports manufactured products’

• The country managed to restrict inflation to 6 percent and sustain jobs despite challenges, the North African nation's Industry and Trade Minister Ryad Mezzour tells TRENDS.
• Moroccan automotive industry produced 700,00 cars in 2022 and we expect the production to hit 1 million in the next three years, adds Mezzour during the interview

‘US role in Middle East is stabilizing but diminishing’

• Putin is becoming the most powerful rogue actor on the global stage in a way that Iran is the most powerful rogue actor in the Middle East, says Ian Bremmer
• The bigger issue is that the Russians are now in a hot war with the West and they’re performing very badly and their economy is deteriorating, he adds

‘Bad governance, lack of solid regulation fuel blockchain violations’

• Dubai not only inspires the world to embrace new financial instruments, but it has been a hub for digital financial products, says Tapscott.
• Banks need to work hard to find ways to avoid intermediation. but we intermediate to create new value in the middle, he adds.

Uncertainty haunts macroeconomy, says US professor

• Economists expect more interest rate increases and a fairly significant chance of a recession, says Laura D'Andrea Tyson of University of California
• The UAE's significant technology development in the climate space will reduce carbon emissions and generate alternative energy, she adds

‘This year will be difficult for global economy’

• One-third of the world is expected to go through a recession in 2023 due to slowing economies, high inflation, and other factors
• Oil-exporting countries are likely to be less impacted, while big importers of oil, gas, food, and fertilizers may face more difficulties

Healthcare, education key focus of MENA: Amanat CEO

• The region will benefit from investment in training institutes for nursing and health professionals, Amanat Holding CEO Mohamed Hamade tells TRENDS during an interview
• Hamade also sheds light on how Amanat Holding balances profitability with social responsibility. He also hints at potential future investment plans and IPOs in the region