Episode #60
AI Is About To Change How You Spend Your Money
Artificial intelligence is moving beyond answering questions and recommending products. It is beginning to understand what we want, make decisions on our behalf and eventually complete purchases for us. Daumantas Grigaravicius, Head of Middle East at Adyen, explains how AI is changing the way consumers in the UAE discover products, make payments and interact with businesses.The conversation explores the rise of agentic commerce, where AI could search, choose and purchase products with minimal human involvement, while raising a much bigger question: how do we make sure consumers remain in control? Daumantas also breaks down the growing threat of AI powered fraud, why traditional identity checks are becoming easier to fake, and how transaction patterns could become the new digital fingerprint.From the UAE's rapid shift away from cash to the 70% of consumers using AI in their shopping decisions, the conversation reveals just how quickly consumer behavior is changing. Daumantas also shares why he believes Dubai's speed, decisiveness and willingness to experiment could give the UAE an advantage as governments and businesses try to keep pace with AI.
