Mohammed bin Rashid: Trust is the currency of the future
Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum,Vice President and Prime Minister of the UAE and Ruler of Dubai, has shared the latest of his letters from his new book, arguing that the most important currency for the future is not water, artificial intelligence, energy or data, but trust. In “A Letter on the Currency of the Future”, Sheikh Mohammed recounts a discussion with friends…
Dubai's Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, has asserted in a new letter that trust, rather than water, artificial intelligence, energy, or data, is the most valuable currency for the future. He argues that trust attracts investors, builds international partnerships, and grants access to technology, capital, and expertise.
The UAE, along with China, is currently ranked highest in global trust according to the Edelman Trust Barometer and OECD survey. Sheikh Mohammed emphasizes that trust is a scarce resource and its scarcity makes it more valuable. He believes that economic stability, respect for laws, and societal responsiveness to crises all begin with trust.
He quotes Confucius, suggesting that if a ruler must choose between trust and other assets, trust should be the one to retain.
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