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Oman Achieves 8th Place In Global Entrepreneurship Index 2024

by THEFUTURE.TEAM
February 19, 2025

Oman has earned an impressive eighth-place ranking in the Global Entrepreneurship Index 2024, achieving a score of 5.7, up from 5.4 last year. The Sultanate ranks highly across 13 key indicators, which highlight various aspects of national entrepreneurship.

Key Indicators Contributing To Oman’s Success

Oman’s strong position is due to its exceptional performance across 9 entrepreneurial axes, including:

  • Entrepreneur Financing: Enhanced access to funding sources for entrepreneurs.
  • Government Policies: Tangible government support, prioritizing startups and small businesses.
  • Educational Integration: Inclusion of entrepreneurship education in schools, universities, and vocational training.
  • Infrastructure & Market Dynamics: Access to professional infrastructure and a dynamic internal market.
  • Cultural & Social Support: Strong community support for entrepreneurial ventures.

ASMED’s Role In Boosting Oman’s Entrepreneurial Landscape

Oman’s Authority for Small and Medium Enterprises Development (ASMED) has been instrumental in advancing this achievement. By implementing supportive policies, facilitating startup funding, and working with public and private sector partners, ASMED has contributed significantly to the country’s entrepreneurial growth. Initiatives like improved financing for SMEs and easy access to resources have fostered a thriving startup ecosystem.

Global Recognition Of Oman’s Efforts

The Global Entrepreneurship Monitor’s annual report, renowned for evaluating global economies and their entrepreneurship ecosystems, praised Oman for its efficiency in government policies, financing programs, and business incubators. Experts acknowledged that Oman’s initiatives have raised the competitiveness of its SMEs, enhancing their global standing.

The AI Agent Revolution: Can the Industry Handle the Compute Surge?

by THEFUTURE.TEAM
March 28, 2025

As AI agents evolve from simple chatbots into complex, autonomous assistants, the tech industry faces a new challenge: Is there enough computing power to support them? With AI agents poised to become integral in various industries, computational demands are rising rapidly.

A recent Barclays report forecasts that the AI industry can support between 1.5 billion and 22 billion AI agents, potentially revolutionizing white-collar work. However, the increase in AI’s capabilities comes at a cost. AI agents, unlike chatbots, generate significantly more tokens—up to 25 times more per query—requiring far greater computing power.

Tokens, the fundamental units of generative AI, represent fragmented parts of language to simplify processing. This increase in token generation is linked to reasoning models, like OpenAI’s o1 and DeepSeek’s R1, which break tasks into smaller, manageable chunks. As AI agents process more complex tasks, the tokens multiply, driving up the demand for AI chips and computational capacity.

Barclays analysts caution that while the current infrastructure can handle a significant volume of agents, the rise of these “super agents” might outpace available resources, requiring additional chips and servers to meet demand. OpenAI’s ChatGPT Pro, for example, generates around 9.4 million tokens annually per subscriber, highlighting just how computationally expensive these reasoning models can be.

In essence, the tech industry is at a critical juncture. While AI agents show immense potential, their expansion could strain the limits of current computing infrastructure. The question is, can the industry keep up with the demand?

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