There Dubai Metaverse Assembly outlines opportunities and future scenarios of the metaverse, making Dubai the world capital of innovation. The two days took place in the futuristic Museum of the Future and also saw the launch of the Dubai metaverse strategya plan presented by Sheikh Hamdan bin Mohammed bin Rashid Al MaktoumCrown Prince of Dubai and President of the Dubai Executive Council, together with Omar bin Sultan Al OlamaUAE Minister of State for Artificial Intelligence and President of the Dubai Chamber of Digital Economy, which aims to create 40 thousand new jobsa stream of 4 billion dollars for the economy of the emirate over the next few years 5 years and creating a ecosystem interconnected and regulated that will position Dubai as a pioneer center of advanced technologies such as Artificial intelligence And Web 3.0.
I ask Khalfan BelhoulChief Executive Officer of Dubai Future Foundation, in an interview given to me after the end of the first day, how important the Dubai Metaverse Assembly is considering that it coincided with the launch of the Dubai Metaverse Strategy: “It is important to say the least because it is among the most extraordinary opportunities for the future, since that the growth expectations for the economy for the metaverse could reach 5 trillion dollars in 2030, considering only the point of view of growth ”. Possible scenarios go beyond the imaginable, continues CEO Khalfan Belhoul: “The value of this technology and the value of what can happen across all sectors is a convergence between our physical life and the virtual world. You can imagine everything we do here in the virtual world, but the challenge is that for now we have not started to scratch the understanding of how it works and what it can be. This is why we are honored to have hosted this initiative ”. A universe still to be explored in the fullness of its potential, which requires the creation of a regulatory framework that regulates it. Let’s find out more about the interview that the CEO of Dubai Future Foundation gave me, about the Dubai Metaverse Strategy and about the suggestive perspectives opened up by the Dubai Metaverse Assembly.
Dubai between dynamism and new ideas
“Dubai is known for its dynamism, for riding new ideas, we take risks in a measured way to study smart opportunities for the future. And this is what is happening these days – he tells me Khalfan Belhoul, CEO Dubai Future Foundation- The private sector, the government, the entrepreneurs, the innovators are all here to discuss this metaverse idea together and possibly come up with a plan that can be relevant to humanity and emphasize for humanity why it needs to how many hours of our life in front of a screen, what are the values to be transmitted, without jeopardizing our social, mental and physical health, because we are all human beings and our goal must be to preserve humanity because the metaverse it really works “. That is why industry experts from all over the world have been confronted with Dubai to ensure that governments and legislative bodies create a framework of rules that structurally organizes the market in its nascent phase and does not get caught unprepared.
The boundless potential of the metaverse
The metaverse also represents a great one chance because there are so many convergences between real world And virtual and also incredible possibilities for future developments that at this moment it is not even possible to imagine. “Yes, that’s right. I cannot agree more with what you say – CEO Belhoul replies – This is exactly what we need to achieve here in Dubai or at least try to sketch out a plan to do so. Where is this convergence, this ideal world, in which we can extract the efficiency of the digital world ”. The metaverse makes possible things that are impossible to accomplish in the real world. “You can create an event that can attract over 50 million people in an instant, something that would never be possible in the physical world, which is generally confined within certain limits imposed by the arena – explains CEO Belhoul – While in the world digital there are 50 million viewers who can watch this event. All of this is absolutely extraordinary, from any perspective, from the viewer’s point of view, from the point of view of the momentum “. A vehicle that outlines unthinkable scenarios but that needs to be harnessed within a regulatory framework, as the CEO of Dubai Future Foundation points out, Khalfan Belhoul: “Once again we need to find the right balance with the pleasant moments of real life. That convergence for which I do not have the answer is precisely that we are studying at this stage ”.