- “The Economic Impact of Generative AI: The Future of Work in the Kingdom of Saudi Arabia” was launched during the Global AI Summit (GAIN 2024) in Riyadh.
- Report finds that use of Generative AI in the private sector can unlock USD 133.6 billion of additional productive capacity in the Kingdom.
- Research shows need for future-ready skills and strategic policy frameworks to harness the benefits of AI.
10 September 2024
Riyadh, Saudi Arabia – As part of a mission to examine how generative AI can shape the future of work in Saudi Arabia, Access Partnership has launched a new report at the Global AI Summit (GAIN) in Riyadh.
Commissioned by Microsoft, the report, titled “The Economic Impact of Generative AI: The Future of Work in the Kingdom of Saudi Arabia”, explores the transformative potential of generative AI on the Kingdom’s economy, workforce, and public sector, showing how this technology can drive growth, innovation, and efficiency. The findings highlight that generative AI has the potential to unlock an additional USD 133.6 billion in productive capacity within Saudi Arabia – equivalent to the nation’s entire manufacturing industry. By reprioritising tasks and enhancing creativity, the research estimates that 70% of the Kingdom’s workforce could use generative AI in 5-20% of their daily activities, emphasising the broad impact of AI integration into everyday work life.
To fully realise these opportunities, the report argues that Saudi Arabia should equip its workforce with future-ready skills. This focuses on both foundational abilities, such as reading, writing, and critical thinking, and specialised skills in AI development, management, and ethical governance. The study outlines a strategic framework for the Kingdom, recommending policies that will increase AI access and adoption, mitigate associated risks, and inspire innovation.
Greg Francis, CEO of Access Partnership, said: “This report demonstrates the importance of establishing clear policies that ensure equitable access to AI, as well as investing in robust digital infrastructure to support widespread implementation. Collaboration between government, private companies, and academic institutions will play a vital role in this process, facilitating knowledge exchange, driving innovation, and ensuring that AI advancements are aligned with national priorities.”
The report is available for download here.
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About Access Partnership
Access Partnership makes innovation work for the world. Guiding businesses and governments through complex regulatory challenges, it designs frameworks that optimise deployment, drive growth, and attract investment. Access Partnership delivers in over 200 markets worldwide through specialist knowledge across all areas of the digital economy. From setting strategy and designing policy to ensuring compliance and measuring success, it expertly advises every step of the regulatory journey. Find out more here: accesspartnership.com.
