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Mohamed Nurullah

The Impact of Artificial Intelligence (AI) on Economy and Society

The main missions and objectives of science and technology research are to search for ‘truth’ and provide benefits to mankind. Under the Industry 4.0, the Science, Innovation, and Technology are the main ‘conditions for full employment’ and Economic Development which is an imperative goal of every National Government. Generative AI and Machine Learning, IoTs, Cloud and Edge computing, Decentralised Finance (DeFi), Sustainable technology, Cybersecurity, Blockchain, Big data, Datafication, Robotics and Robotic Process Automation (RPA), Natural language processing, Drones, 3D Printing, Genomics, Metaverse, Virtual Reality (VR), Augmented Reality (AR) and Extended Reality (ER), 5G,and Full Stack Development etc are changing human behaviour and activities. Among these, the rise of the AI and ML technologies have led to an unprecedented level of automation. AI allows computers to learn and solve problems mimicking human cognition and behaviour. This research explores the ‘dual’ impact of AI on economy and society that requires appropriate balance of regulation and governance for which the national governments and policy makers, universities, and the industry need to work together for maximising the benefits of the AI.



Biography

Dr Mohamed Nurullah is an Associate Professor (Reader) and former Head of the Department of Accounting, Finance, and Informatics of Kingston University London. Mohamed is also the Doctoral Programme Coordinator for the Department and holds the Membership of the Faculty's Research Degrees Committee (FRDC). Mohamed joined Kingston University in 2009 from Glasgow Caledonian University. Prior to that he worked full time for four years at City, University of London from where he also completed his PhD in 2000. Mohamed teaches finance, financial technology, financial engineering, and financial regulation at postgraduate level. He has published papers in leading academic journals. He has written reports for the UK government, and other national and international organisations. He has presented papers in Europe, North America, Australia, and other Asia-pacific countries. Mohamed has successfully supervised 20 PhD students. He holds visiting positions at the University of Glasgow, City University London, and Amity University, India. Previously he acted as Chief Examiners for the Chartered Institute for Securities and Investment (CISI) and the Institute of Financial Services (ifs) London.