MUSCAT: Muscat Stock Exchange (MSX) organized the fourth edition of MSX chairman’s Dialogue series, under the title “Shaping our Technological Future and Reshaping Public Institutions”. The session was hosted by Mohammed bin Mahfoodh al Ardhi, Chairman of MSX, and featured Professor Jeremy Weinstein, Dean and Professor of Public Policy at the Kennedy School of Harvard University.
The session witnessed a wide attendance of over 300 participants, including decision-makers, entrepreneurs, academics, experts, and students. This session reaffirms Muscat Stock Exchange's leading role in fostering discussions on the challenges and opportunities posed by rapid technological advancements and their impact on the performance of public institutions.
During the session, Professor Weinstein delivered a presentation addressing the impact of technology on the performance of public institutions and how to achieve an optimal balance between encouraging innovation and harnessing its positive potential, highlighting the role of artificial intelligence in improving institutional efficiency and the development of regulations adaptable to continuous innovation. He also discussed the challenges related to technology governance, emphasizing the importance of fostering trust and cooperation between governments and major technology companies to ensure the safe and sustainable implementation of technology and the need to establish global regulatory frameworks to support innovation and avoid negative impacts. He stressed that cooperation between governments and the technology sector is not merely an option but a crucial necessity to ensure a secure and prosperous future for all. He also shed light on the most important challenges associated with regulating technology in a way that serves the interests of society as a whole.
It is worth mentioning that this session opens new horizons for enhancing cooperation between governmental and private institutions in a time that requires joint action. It also emphasizes that technology represents a unique opportunity to improve the efficiency of public institutions, especially with the world's increasing reliance on emerging technologies, which necessitates the regulation of these new technologies.
The session concluded with interactive discussions among the attendees, who commended the role Muscat Stock Exchange plays in providing platforms for fruitful dialogue on issues concerning institutional performance and ways to develop it to keep pace with the changes of our current era and guide technology to align with the dynamic pace of innovation.
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