Whitney Pennington Rodgers: You run the Dubai Future Foundation. For those of us who are not initiated, what is a future foundation?

His Excellency Khalfan Belhoul: So imagine you run a lab, and the owner of the lab comes to you and says, "You can do whatever you want, and you have my full backing and you have a solid amount of financial resources. If rules are an issue, we can change them for you. We can connect you with any relevant decision maker to break those rules. We will not be upset if you make mistakes, and we will support you on every winning bet you make." And in summary, will you take that?

Whitney Pennington Rodgers: I would take that deal.

His Excellency Khalfan Belhoul: OK, so the owner of the lab is Sheikh Mohammad bin Rashid, and the lab is Dubai Future Foundation. So that’s how it is. We are entitled and empowered to explore new ideas -- to see where the future is heading. We’ve been supported and backed by a top board of trustees -- I mean, our chairman is the crown prince. The board members are ministers and director generals across all sectors. Which means if we want to disrupt mobility, we can. If we want to talk health tech, we can. If we want to explore fintech, we can. We have the muscle behind us, and we have the support in case we fail. The unique thing [that] makes us -- which I’m sure you’re aware of from the global landscape -- that usually governments are a hurdle or they take time or they're bureaucratic. We are hearing from our leaders that we can actually do this. This is music to our ears. So this pushes us. This makes us comfortable at actually pivoting. And if we have any venture capitalists out here -- you would understand this more than anyone. They don’t talk about [the] 80 percent of their portfolio that goes bust, but they really back the winning bets. They’ve all made those mistakes, but they don’t look at them as mistakes -- they look at them as learning points. And I think this mindset that’s been given to us from leaders, to really explore and test and double down on winning bets, is what makes the Dubai Future Foundation a success.

Whitney Pennington Rodgers: I think a lot of nations and a lot of cities talk about this idea of progress and being futurist, but it's hard to sustain that. What are some of the ways that you’re able to get buy-in and to be able to embed in both government and culture, futurist thinking?

His Excellency Khalfan Belhoul: What we do is we start, first of all, by ensuring that our internal teams are experts in understanding where the future is heading. We invest a lot in people that have this ... expertise when it comes to future foresight. We invest a lot in internal talent. We have a foresight team that does horizon scanning on a constant basis, and this becomes our engine. But we don't stop there because this is not only confined to us as Dubai Future Foundation. We also connect with like-minded networks from all over the world that feed us more information. And then this gives us a view of where the future is heading. And the further you go -- the grayer it becomes. We can maybe have a better prediction of what’s happening in 2026, but the more you go, the more challenging the guess would be, right? But the more conversations you have, the more inclusion there is in the conversation, the better visibility you have. Then it’s all about being agile and flexible and getting everyone involved and having the guts to really test. Test, but at the same time create a safe environment in testing. So you get the entrepreneurs, you get the investors, and you back it up by also investing as government and create an environment -- which is what we call the sandbox environment -- which is really testing those ideas in a safe manner. For example, if you're looking at last-mile drone deliveries, you're not going to deploy that before you actually make sure it's safe for people. You need that physical space for that. On the less physical and less tangible kind of projects -- look at the crypto world and the digital assets -- you don’t see them in front of you, but the value of them is immense. But can we actually open them up to the market before we create a virtual safe environment, including all the relevant parties, to have a proper conversation on a deployment basis? I mean, we can do as much of that as we want, but if there isn’t a mechanism of ensuring that this can be deployed safely and in a unified way, then we'll just be talking to ourselves.

Whitney Pennington Rodgers: Well I think Dubai represents such a compelling example of economic transformation, shifting away from oil revenue to other spaces like tourism. Can you talk about the current economic state of Dubai and sort of how you think that will influence where the city is headed?

His Excellency Khalfan Belhoul: We are living in a very turbulent environment. The Middle East is a very tough neighborhood. Our country is not so big from a size perspective, but our ambitions are bigger than anyone’s. We have tensions around the world, whether it’s big nations conflicting on economicissues, geopolitical issues, and the country has pushed itself to be a bridge of peace, or when it comes to business, when it comes to geopolitics. And I think this is what really attracts people to come to Dubai. We as locals tend to underestimate the safety factor and the prosperity factor. We just got too comfortable and got too used to it. But when we have conversations with our fellow expats that come in and choose Dubai or the UAE as home -- we listen to them, [and it] gives me goosebumps on how those small details of safety and prosperity for them and their families mean so much that makes us really appreciate the structure here. But again, we’re not perfect. We've done our fair share of mistakes, but we double down on what we do right.

Whitney Pennington Rodgers: We seem to be in a very transformative moment as a world. What role do you think -- when you think about things like, beyond even just geopolitical tensions as you mentioned, and economic issues, [or] when you think about existential threats like climate change or the rise of artificial intelligence -- what role do you see futurists thinking playing in global progress?

His Excellency Khalfan Belhoul: So I’ll tell you my humble advice: The world has recently been giving us so many signs, that there’s no other way forward than us to all get together. You’ve mentioned them. Geopolitical issues are not going to work -- we need to work together for peace. [The] digital economy, which is in trillions of dollars when we talk about the value of AI, we’re talking, economy-wise, about trillions -- that’s another sign. Climate change, how can we solve for that? There needs to be, we've seen it in COP announcements and beyond, there needs to be unity. AI. I mean, if I start to talk about AI, I won't stop. I mean, how many of us ... Let me maybe start with you. How much do you use ChatGPT, Grok, or you name it, those LLMs? Do you use it?

Whitney Pennington Rodgers: Regularly.

His Excellency Khalfan Belhoul: Do you use it daily?

Whitney Pennington Rodgers: Probably, yeah.

His Excellency Khalfan Belhoul: I use it daily. Raise of hands. Do you use it daily? OK. Do you use it to the extent that you actually feel there's a person sitting on the other side talking to you?

Whitney Pennington Rodgers: Not yet, but I know many who do.

His Excellency Khalfan Belhoul: I'm close to that. I’m telling you -- from the fact that we interact and the emotional angle sometimes you get, and the responses -- we haven’t even scratched the surface on how [to] deal with that. And you feel so comfortable talking to ChatGPT and many of those LLMs, so imagine you actually -- this gets, and I’ve said this, maybe I might sound like a broken record to my colleagues -- but imagine having this conversation with a robot that looks like a human -- which we are not far from seeing, and I promise you that this is going to come very soon -- with the same intellect of the ChatGPT, [or] even a thousand times much more than that. What happens to humanity and how do we really interact, even from an emotional standpoint? We have some weak and vulnerable individuals around the world that feel more comfortable with robots than humans. So what would this mean to us as humanity? Are we going to get attached to robots? How are we going to regulate that? How are we going to really extract value [from] artificial intelligence? That’s why I’m saying [that] what we see with ChatGPT now is the first second of the first minute of the first hour of the first day of the first year of this beast that has so much value, but that we really need to embrace [it], and we need to embrace [it] jointly. And there's no chance that Dubai or the UAE or the Middle East can do it alone. Nor the US, nor China -- it’s a collaborative effort. Even look at our kids now [and] their attachment to technology -- what is the right balance? They’re so smart in front of screens, but if you ask them to come on stage and have a conversation, they might not be as comfortable because they’re just so involved with technology, and they do things that I’ll probably never think of doing because they’re so into it, and they’re doing such an amazing job. But life is not only about that -- it’s how you strike the balance. And how do we really huddle up together as humanity? Because technology is super valuable, but humans are more important.

Whitney Pennington Rodgers: Well, Your Excellency, I cannot let you go without asking you this last question. You spend so much time thinking about the future. What do you think is the big thing that many of us are missing when we think about what's ahead?

His Excellency Khalfan Belhoul: There's one that sticks out to me. So I'll mention a few and then I'll tell you which one. So I mean, longevity and living to -- especially with the ... advancement of neuroscience at the moment -- we can see people living until 150 years, and this is not far from now. I think [this is] a statement that is exciting to many. I’m not sure if you guys are excited about this, but [for] many people -- if you’re in good health -- would want to live to 150. I think this is not far off, given the advancement of genetics and DNA sampling. And like I said, neuroscience. I think humans, being a multi-planetary species, are not far from that as well. The access to different planets has become easier and easier and cost-effective. So this is also a bold kind of thought that’s probably exciting scientists. ... I think we have enough on Earth. I don't know if we want to be there, but of course, I mean, having that is something that everyone is excited about. It’s a bold statement but achievable. But the one that really, really, really makes me think a lot, [and] is slightly relevant to the comment I mentioned, is: once you really infuse human intelligence with artificial intelligence into one neural network, when this happens, this is when things are going to be really exciting because we're talking about AI being super smart, almost human-like. And this, to the previous point, is happening and happening very soon. Look at how we're dealing with ChatGPT. But then what if AI was infused in a human, having a single kind of network ... that connects human intelligence with artificial intelligence? I think, with neuroscience, this is not very far. And this is something that really requires, again, collaboration, understanding and unity, because this is a whole new world.

Whitney Pennington Rodgers: Well, Your Excellency, this has been insightful and exciting. I'm sure I speak for everyone here. Thank you so much for taking the time to be with us today. (Applause)