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Results for "Data Economy"

Saudi Arabia Opens Path to Data Monetization, Bars Raw Data Sales - MIT Sloan Management Review Middle East

SDAIA · Jun 22

Saudi Arabia is establishing a new policy framework designed to facilitate the monetization of data within the Kingdom. This framework explicitly prohibits the sale of raw data, encouraging value-added data services instead. The initiative aims to foster a robust data economy while ensuring responsible data governance. Why it matters: This policy is a crucial step in shaping Saudi Arabia's digital economy and AI development, balancing economic growth with data privacy and ethical considerations.

SDAIA launches the official logo for the Year of AI 2026 to boost the data economy in the Kingdom - Jawlah

SDAIA · Mar 12

The Saudi Data & AI Authority (SDAIA) has officially launched the logo for the "Year of AI 2026" initiative. This program aims to accelerate the development and adoption of artificial intelligence across the Kingdom. Its core objective is to bolster Saudi Arabia's data economy and foster innovation within the AI sector. Why it matters: This launch signifies Saudi Arabia's strategic commitment to positioning itself as a leader in the global AI landscape and leveraging AI for economic diversification and growth.

Information Design under Uncertainty

MBZUAI · Invalid Date

Munther Dahleh from MIT gave a talk on information design under uncertainty, focusing on the challenges of creating an information marketplace. The talk addressed the externality faced by firms when information is allocated to competitors, and considered two models for this externality. The presentation included mechanisms for both models and highlighted the impact of competition on the revenue collected by the seller. Why it matters: The research advances understanding of information markets and mechanism design, relevant to the growing data economy in the GCC region.