DeepFest Highlights Women's Role in Tech Innovation and AI's Future in Entertainment

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DeepFest, co-located with Saudi Arabia's LEAP tech event, showcased female tech innovators and their impact on industry growth, while also exploring AI's potential in revolutionizing entertainment through brain-computer interfaces.

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Women Driving Innovation in Tech at DeepFest

DeepFest, a major tech event co-located with LEAP in Saudi Arabia, recently put the spotlight on women tech innovators and their crucial role in economic and industry growth. The event featured numerous female industry leaders and entrepreneurs who championed the sector's drive for gender equality 1.

Addressing the Gender Gap in Tech

According to a World Economic Forum report, it will take 131 years to close the gender gap across all sectors. Moreover, only 28% of women feel confident in managing long-term financial plans, compared to 44% of men 2. These statistics underscore the importance of initiatives like DeepFest in promoting women's participation in the tech industry.

Women and Financial Independence

In a session titled "Breaking Barriers: Women Leading the Charge in Tech and AI," Wafa Al Obaidat, founder and CEO of Playbook, shared her personal journey from fearing finances to recognizing money's potential as a tool for growth and empowerment. Al Obaidat emphasized, "When women have financial independence, families flourish, communities thrive, and entire economies grow" 3.

Challenges and Solutions for Women in Tech

Al Obaidat highlighted the systemic challenges women in business face, particularly in accessing funding and financial opportunities. She cited statistics on the gender investment gap and the low percentage of VC funding directed to female-founded startups. To address these issues, Playbook offers a platform for women to connect, learn, and invest, providing masterclasses, expert coaching, and networking opportunities 4.

AI and the Future of Entertainment

Dr. Christina Yan Zhang, CEO of The Metaverse Institute, presented a session on how AI and brain-computer interfaces (BCIs) will power the future of entertainment. She envisioned a world where digital and physical domains are accessed through thought alone, using BCIs. Dr. Zhang stated, "The future of entertainment, and indeed human experience, will be seamlessly interwoven with our minds" 1.

Potential Applications of Brain-Computer Interfaces

Dr. Zhang explored potential real-life use cases for BCIs, including medical applications like restoring mobility to disabled patients, repairing vision, and treating depression. She also referenced the Marvel universe, comparing the future symbiotic relationship between humans and AI to that of Tony Stark and Jarvis in Iron Man 2.

Environmental Impact of AI and BCIs

Dr. Zhang emphasized that the symbiotic relationship with AI, facilitated by BCIs, could lead to a more sustainable future. She pointed out that this technology could potentially eliminate the need for phones and computers, significantly reducing the 62 billion kilograms of e-waste generated annually, as reported by the UN 3.

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