Doha: Leading global technology investors discussed the opportunities and challenges of AI investment, emphasizing that artificial intelligence is no longer just an emerging trend but a foundational technology reshaping business, productivity, and creativity.
According to Qatar News Agency, during the panel discussion on the outlook for AI, which took place as part of the fifth edition of the Qatar Economic Forum, speakers highlighted that today's technological wave marks a turning point in corporate decision-making and investment strategies. They agreed that AI is no longer a futuristic concept but a practical tool already enhancing investment analysis, data processing, and operational efficiency within organizations. Panelists shared their insights on AI adoption in business models, promising investment sectors, inherent risks, and the anticipated impact on the workforce.
Chairman of Phoenix Holdings Henry Nguyen said that AI can process vast amounts of data and direct it toward solving complex, real-world problems. He attributed the rapid advancement of AI to breakthroughs in computing power, which have enabled high-speed, versatile AI models like ChatGPT and Google Spound VO3 to deliver instant results. Nguyen noted that his company, based in Vietnam, views AI as a golden opportunity to bypass traditional development stages and leap into next-generation technology, reflecting Vietnam's adaptability to global transformations.
Partner and CEO of SignalFire Chris Farmer, the first AI-powered venture capital firm, emphasized that AI informs every stage of investment decision-making at his company. SignalFire utilizes AI to collect and analyze data on over 650 million individuals, predicting growth potential in startups. Farmer noted that while AI infrastructure remains crucial, investors are now shifting focus toward application layers, where institutions store vast amounts of data that AI can process for strategic decision-making. He added that the real race today revolves around data aggregation, with network effects central to their investment thesis.
CEO of Multiply Group Samia Bouazza discussed how her firm has integrated AI into both investment evaluation and operational management. She explained that Multiply has incorporated AI and cybersecurity alongside legal and financial due diligence in investment assessments. Recently, the group launched MAI, an AI-driven system that functions like a virtual boardroom monitor, enhancing decision-making and transparency. AI integration across HR, finance, and legal departments has resulted in savings of over 140,000 work hours, she added.
In closing, panelists responded to a question about AI's potential developments within five years. While acknowledging the difficulty of precisely forecasting AI's trajectory, they agreed that AI will continue automating repetitive tasks, freeing human capacity to focus on higher-value activities, such as innovation.