In today’s rapidly evolving digital world, the lifespan of skills is now less than five years, posing challenges for organizations and countries. Saudi Arabia has taken a leading role in upskilling its youth, transitioning from an oil-dependent economy to a knowledge-based, future-ready workforce. This shift is already producing positive results, with the non-oil economy reaching SR1.7 trillion ($453 billion), supported by significant new investments.
Emerging technologies like artificial intelligence (AI) and machine learning are reshaping the workforce at an unprecedented pace. Automation is changing how tasks are performed, while AI is expanding into areas once thought to require human intelligence. This transformation demands a new approach to workforce development, ensuring individuals are equipped with the skills needed to thrive in the digital age.
Saudi Arabia is solidifying its position as a leader in AI with the announcement of a $40 billion fund focused on AI investments. However, the success of this investment depends on cultivating a workforce with the expertise to leverage these advanced technologies effectively. By fostering AI talent, the Kingdom is developing homegrown innovators to power its digital economy.
Several initiatives, such as the National Strategy for Data and Artificial Intelligence, have been launched to equip Saudi citizens with essential digital skills. These programs focus on training women, youth, and entrepreneurs in data analysis and machine learning, while also fostering innovation through collaborations with educational institutions and entrepreneurship support via incubators and accelerators.
The Human Capability Development Program aligns educational curricula with industry needs and provides lifelong learning opportunities in science, technology, engineering, and mathematics (STEM) fields. This comprehensive approach ensures that Saudi Arabia’s future leaders are equipped to drive progress in these critical areas.
The Kingdom is also investing heavily in its startup ecosystem through venture capital and entrepreneurship support programs. In May 2024, $8 billion was allocated for this purpose, aimed at fueling the growth of innovative startups that can contribute significantly to the economy. By equipping young Saudis with AI development, automation, and data science skills, the Kingdom is nurturing a generation of entrepreneurs who can create AI-driven solutions tailored to both public and private sector needs.
Imagine Saudi startups developing AI-powered learning platforms for schools or machine learning solutions to boost tourism. These innovations will address local challenges, spur new ideas, and enhance the Kingdom’s global competitiveness.
At Oracle, the “Mostaqbali” (My Future) initiative aims to upskill 50,000 Saudis in AI and emerging technologies. Launched in collaboration with Future Work and under the supervision of Saudi Arabia’s Ministry of Human Resources and Social Development, this program aims to train and certify 50,000 citizens in cloud-powered technologies, AI, machine learning, and the Internet of Things by 2027.
By investing in AI capacity-building programs, Saudi Arabia is unlocking the potential of a thriving digital economy. These efforts will empower the nation’s workforce to become the driving force behind innovation, diversification, and technological advancement.
- Reham Al-Musa is vice president of cloud applications for Oracle’s public sector business and managing director and country leader for Oracle Saudi Arabia.
