The leaders of the world’s top investment institutions have called for the ability of technology not to be limited to developed countries but to be spread throughout the world. Salman F Rahman, Advisor to the Prime Minister of Bangladesh, has expressed apprehension that the continuous progress of artificial intelligence technology in the future can be helpful as well as a threat to the overall development.
He expressed this concern at a special meeting held on Monday at the World Economic Forum in Riyadh, Saudi Arabia. About 1,000 delegates from 90 countries participated in the meeting.
Global cooperation, growth and energy were discussed by important people of the governments of different countries. Prime Minister’s Private Industry and Investment Adviser Salman F Rahman led Bangladesh in this. Highlighting the success of his country in various fields, he said that the development of Bangladesh continued even during the COVID19 pandemic. Everything was fine until the pandemic. Progress was being made in all sectors of education, health, agriculture and industry. Due to the bold and visionary decision of the honorable Prime Minister, we were able to procure the Corona vaccine immediately after the approval. The government has also handled the impact of Corona well. During that time growth increased by 5 percent. The Russia-Ukraine war affected the economy to overcome that crisis. Due to which we have to study in the face of economic challenges. Although Bangladesh is not responsible for this, it has to suffer.
Salman F. Rahman also said that Ukraine-Russia war has hurt us a lot. Foreign exchange reserves have decreased. The dollar strengthened against taka. Although the economy has been stable for 12 years, the taka has suddenly faced a major devaluation against the dollar. War has troubled us but it is not our fault.
The use of robots and artificial intelligence technology in industrial factories is important in the discussion. In this regard, Salman F. Rahman fears that excessive use of artificial intelligence technology can become a threat to people. But sharing technology capabilities can benefit the whole world. In the next 5 years, AI will reach places beyond our imagination. Artificial intelligence technology may become more powerful than humans in the future and will challenge people at work. In this context, the current world economic system may have to be reshaped.
Larry Fink, Chairman and CEO of Blackrock Company; Chairman of the Executive Committee of Olayan Financing Company, Lubna S. Olayan and General Atlantic Chairman and CEO William Ford also spoke at the round table meeting of the World Economic Forum held in Riyadh, Saudi Arabia for two days.