Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, Vice Chairman of the Board of Trustees and Managing Director of the Dubai Future Foundation, DFF, and Professor Klaus Schwab, founder and executive chairman of the World Economic Forum, have signed an MoU to establish a Fourth Industrial Revolution Centre in the UAE.
Al Gergawi and Schwab also signed a second agreement to develop the Fourth Industrial Revolution (4IR) data protocol, with the UAE government to synchronise efforts in the sector.
The agreement sets regulatory frameworks to ensure a smooth roll-out of the 4IR protocol and its components.
Al Gergawi said that the establishment of the centre bolsters the UAE’s leading position and its pioneering role in foresighting the future and developing advanced instruments and solutions to address its challenges, WAM reported.
The centre supports the government’s efforts to empower a generation of experts in 4IR technologies, and to promote these cutting-edge innovations that have already begun to transform societies around the world.
Al Gergawi added that the 4IR protocol is a global roadmap that seeks to ensure the well-being of the community.
The protocol, which is developed by the UAE government, seeks to establish an integrated and secure data ecosystem to expedite the implementation of 4IR technologies as solutions specifically engineered to address the challenges brought about by rapid technological advancements.
The MoU for the governance of the Fourth Industrial Revolution seeks to encourage cooperation in implementing the 4IR protocol to establish regulatory and legal frameworks for data governance in the diverse 4IR sectors and to develop procedures to embrace its disruptive technologies.
The agreement focuses on providing an integrated and secure data environment, where governments can ensure the privacy of community members. The protocol itself promotes values and ethics among the generations of the future to guide their use of the data and applications of the Fourth Industrial Revolution as a means to address the challenges of the future and improve the quality of life.