Could Artificial Intelligence be the answer to economic diversification in the GCC?

Erratic oil prices in recent years have made economic diversification essential, and AI is an alternate solution. Having made an early start, these states are positioned to become a key player in AI technology. Dividing the Middle East into four main regions, first, the UAE, second, Saudi Arabia, the GCC 4 comprising of Bahrain, Kuwait, Oman and Qatar on third and lastly Egypt, a PWC research expects the Arab states to accrue two percent of the total global benefits in the next ten years. Projected to mark the highest gains, the UAE would get nearly 14 percent on its GDP in 2030 while the kingdom of Saudi Arabia should make over US $135 billion by that time as well, this being nearly 12.4 percent of its GDP. Assigning large budgets for the speedy implementation of AI, these two GCC states have made a major impact.