Baku: Oil and gas countries are moving away from these resources and considering the development of the digital economy, said Nouriel Roubini, CEO of Roubini Macro Associates, during his speech at the 1st Azerbaijan International Investment Forum held at Sea Breeze, APA reports.
According to Azeri-Press News Agency, Roubini emphasized the importance of embracing future technologies such as artificial intelligence. He noted that not all countries are capable of adopting new innovations and highlighted the necessity of transitioning away from reliance on natural resources to foster the development of the digital economy. Roubini stressed the need for training the workforce to manage future technologies effectively.
Roubini also remarked on Azerbaijan’s strategic location and its attractiveness for foreign investments. He pointed out that the stability in Azerbaijan suggests significant prospects for the future development of the private sector.