Source: Interesting Engineering

According to media reports more than 3,200 students have applied for the school in the first week admissions were open. Many of the applicants came from the UAE, Saudi Arabia, Algeria, Egypt, India, and China. 

Unleashing AI’s potential 

In October Abu Dhabi announced the Mohamed bin Zayed University of Artificial Intelligence, which will enable graduate students, businesses, and governments to advance AI. The university is named after the Crown Prince of Abu Dhabi Mohamed bin Zayed Al Nahyan, who is an advocate for developing human capital through science. 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. 

AI advancements still in their infancy 

The demand to earn a graduate degree from the world’s first university dedicated to AI shouldn’t come as a surprise to many. Artificial intelligence is transforming pretty much every aspect of industries and is expected to have a huge impact on the economy in the future. According to consulting firm PWC, by 2030 AI is projected to have a close to $16 trillion impact on the global economy. Its also expected to provide a 26% boost in GDP for local economies. 

“AI could contribute up to $15.7 trillion1 to the global economy in 2030, more than the current output of China and India combined,” wrote PWC in a recent report on AI. “Of this, $6.6 trillion is likely to come from increased productivity and $9.1 trillion is likely to come from consumption-side effects.”

Source: Interesting Engineering