Artificial Intelligence in Saudi Arabia: Leveraging Entrepreneurship in the Arab Markets

Abstract

Recent technological advances in the field of Artificial Intelligence (AI) is transforming the entrepreneurial landscape of the Middle East dramatically; even more for Saudi Arabia which is undergoing massive economic diversification. While AI is already making its presence felt in the areas of banking, finance, robotics, and industry for the purposes of forecasting, business process improvement and providing solutions to complex tasks, the technology is yet to permeate the start-up scene and position itself as a vital ingredient for nascent entrepreneurship. This paper explores the AI-induced proliferation of the start-up environment in Saudi Arabia and delves into the complete adoption of AI. It analyses the ability of the Kingdom to break away from its oil 'addiction' and leverage AI at a crucial juncture for the region.