Why has Saudi Arabia set up an authority for data and artificial intelligence?

Surely and steadily, Saudi Arabia has been taking powerful technological strides. A couple of years down the line, young men and women have been focussing on a variety of modern day topics such as artificial intelligence, deep education (blockchain) and the Internet maze. The focus on such non mundane things, according to Al-Arabiya.net, has become crucial and a touchable reality and it, of course, is a source of pride, self respect and dignity. The talk about Hackathons or the exhibitions and creativity workshops is no longer weird or strange; it is now a next window phenomenon. Families and educational institutions are increasingly encouraging the youth to focus on technical fields.