Pakistan initiates several important AI-based projects to grow safer.

KARACHI -- The technology-based Artificial Intelligence (AI) holds similar power to transform industrialization to next-generation like the discovery of electricity did in 20th century and Pakistan has initiated a number of AI-driven projects to mitigate the risk of several natural and manmade crises.

"Some consider AI to be on par with what we saw with the revolution of electricity during the 20th century," Dr. Yasar Ayaz, CPD/Chairman at National Center of Artificial Intelligence (NCAI), Pakistan and Professor of AI and Robotics, NUST said while addressing at the 'Pakistan Second Artificial Intelligence Summit 2020' organized online by Total Communications. Pakistan has initiated AI-based projects to mitigate the risk of (1) natural disaster (floods, landslide and earthquake), manmade disaster (accidents, terrorist and other malicious activities) and the environment under the concept of the safe city; (2) to detect brain tumour, breast cancer and lungs disease especially TB; (3) to facilitate in crime prediction and investigation; (4) to improve financial services, energy, agriculture, transport and healthcare sectors, he elaborated.

The industrial sector of Pakistan is moving towards the Industry 4.0 version of AI. And robotics-based manufacturing models are now critical for Pakistan, he said.

"AI is forecasted to add $15.7 trillion to global DGP by 2030," he said.

Shabahat Ali Shah, CEO, NITB said: "AI and robotics will replace everything...in the next five years." He said 60% population of the world is active through different digital devices. Their activities have given birth to tons of data especially on clouds technology. The happening has enabled to roll out more sophisticated and customer-centric applications through using AIs in five-year down the road.

Technology firms, including the big eight like Google, Facebook and Amazon, would monetize through using big data on clouds to...