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Sat 9 Feb 2019 03:04 PM

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Saudi's robot citizen to attend Middle East fintech forum

Sophia the Robot will be joined at the forum by her creator David Hanson, founder of Hanson Robotics

Saudi's robot citizen to attend Middle East fintech forum
Sophia will talk about the future of artificial intelligence (AI) and how it will affect financial services and will be joined at the forum by her creator David Hanson, founder of Hanson Robotics.

The world’s most famous robot Sophia, who was granted Saudi citizenship in 2017, will attend the upcoming Middle East and Africa FinTech Forum in Bahrain.

Sophia will talk about the future of artificial intelligence (AI) and how it will affect financial services and will be joined at the forum by her creator David Hanson, founder of Hanson Robotics.

The forum, which takes place on February 21, will explore the ways in which AI is increasingly important to banking and how it will affect the industry in the future.

According to recent research, financial services firms are the largest investors in AI and will have spent close to $10 billion by 2020.

More than 75% of global finance managers believe that AI will be key to making their businesses successful in future, but only around 25% of banking employees are ready to engage fully with AI in the workplace.

“When I look to the future of financial services, I know  that artificial intelligence and other forms of innovation are going to fundamentally change how we work and live,” said Sael Al Waary, deputy group CEO of Bank ABC and chairman of AFS.

“Many applications of these technologies are already appearing in finance, even if consumers are not aware. I want us as an industry to be ready for these changes, and be ready to take advantage of the opportunities they present.”

Since her activation in 2016, Sophia has become an international celebrity. She has travelled the world and engaged in conversations about robotics, artificial intelligence (AI) and the future of the relationship between humanity and robots. In the last year she has received her first pair of working legs and learned to sing and play the piano.

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