Dubai, United Arab Emirates - The third day, organized by the Dubai Chamber of Digital Commerce and the Dubai World Trade Center, was dedicated to a trio of topics:
AI Governance: A Focused Look at the UAE
- H.E. Omar Sultan Al Olama announced a UAE-Oxford University program to train public officials in AI governance and auditing.
- Focus on developing country-specific AI regulations.
- Propose a global regulatory baseline for technology risk management.
- International Finance Corporation and Stability AI panelists emphasized the need for immediate, comprehensive AI regulation.
Entrepreneurial Journeys: A Closer Look
- The panel dissected popular narratives about unicorn startups.
- Identified operational challenges to scaling, such as the burden of long hours on employees.
- Emphasized the need for constant adjustments to business models.
- Outlined key metrics for startup valuation: customer activity and external market factors.
Asian Tech Landscape: A Quantitative Analysis
- Data and analysis from Kerala Startup Mission, KBSL Sri Lanka, Neem Pakistan, and Ministry of ICT Bangladesh.
- Public and private sector initiatives are identified as growth drivers, particularly in education, healthcare, and infrastructure.
- Recognized the role of public-private partnerships in driving the growth of Asia's next generation of startups.
In Summary, Day 3 of the Expand North Star conference highlighted:
- The need for regionally tailored AI regulations to manage technology risks.
- Operational realities affecting startup scaling, with a focus on business valuation metrics.
- Factors facilitating the expansion of the technology sector in Asia, particularly public-private partnerships.
