Kazakhstan’s President Takes The Country Into The Tech Future
The post Kazakhstan’s President Takes The Country Into The Tech Future appeared on BitcoinEthereumNews.com. Kazakhstan President Kassym-Jomart Tokayev addresses the 78th United Nations General Assembly at UN headquarters in New York City on September 19, 2023. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Frontier markets intersected frontier sectors in artificial intelligence and information technology in an unexpected place when, on September 8, Kazakhstan’s President Kassym-Jomart Tokayev delivered his annual address to his country. The Kazakh leader discussed a range of emerging socio-economic issues, and he made an unprecedented announcement. “Entirely new types of threats to human security have emerged, including those related to the use of extremely dangerous weapons powered by artificial intelligence,” the president said during his speech. “My main mission is to ensure the stable socio-economic development and security of Kazakhstan during this turbulent and dangerous time.” Immediately after, Kazakhstan announced the creation of a ministry of Artificial Intelligence and Digital Development headed by a new expert Deputy Prime Minister. If created, it would be one of the first of its kind in the world, and the first in Eurasia. This new body aims to modernize Kazakhstan’s economy, enhance governmental institutions, and attract foreign investment in this emerging market. The speech highlighted many other economic opportunities beyond AI and high tech that could be good news for American investors: foreign investment regime will be streamlined to cut bureaucratic red tape. Tokayev’s address made it clear that this policy represents a move away from reliance on hydrocarbons and raw materials, and towards economic diversification, which can only be realized through attracting foreign capital and technology transfers. This creates plenty of opportunities for American tech corporations and capital. In his State of Kazakhstan speech, Tokayev also announced that his country moving beyond the first commercial nuclear reactor to build one or two more to…
The post Kazakhstan’s President Takes The Country Into The Tech Future appeared on BitcoinEthereumNews.com.
Kazakhstan President Kassym-Jomart Tokayev addresses the 78th United Nations General Assembly at UN headquarters in New York City on September 19, 2023. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Frontier markets intersected frontier sectors in artificial intelligence and information technology in an unexpected place when, on September 8, Kazakhstan’s President Kassym-Jomart Tokayev delivered his annual address to his country. The Kazakh leader discussed a range of emerging socio-economic issues, and he made an unprecedented announcement. “Entirely new types of threats to human security have emerged, including those related to the use of extremely dangerous weapons powered by artificial intelligence,” the president said during his speech. “My main mission is to ensure the stable socio-economic development and security of Kazakhstan during this turbulent and dangerous time.” Immediately after, Kazakhstan announced the creation of a ministry of Artificial Intelligence and Digital Development headed by a new expert Deputy Prime Minister. If created, it would be one of the first of its kind in the world, and the first in Eurasia. This new body aims to modernize Kazakhstan’s economy, enhance governmental institutions, and attract foreign investment in this emerging market. The speech highlighted many other economic opportunities beyond AI and high tech that could be good news for American investors: foreign investment regime will be streamlined to cut bureaucratic red tape. Tokayev’s address made it clear that this policy represents a move away from reliance on hydrocarbons and raw materials, and towards economic diversification, which can only be realized through attracting foreign capital and technology transfers. This creates plenty of opportunities for American tech corporations and capital. In his State of Kazakhstan speech, Tokayev also announced that his country moving beyond the first commercial nuclear reactor to build one or two more to…
What's Your Reaction?
