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About EMCompass Note 69 Role of AI in EMs
Artificial intelligence (AI) has significant potential to support development in emerging markets by lowering costs and barriers for businesses. AI can deliver innovative business models that reach underserved populations by leapfrogging traditional solutions. While emerging markets are beginning to use basic AI technologies to solve development challenges, much more can be done with private sector involvement to scale new business models and increase competitiveness. Advanced uses of AI, such as for facial recognition, remain limited outside of China but offer opportunities if challenges around bias and limited data can be addressed.
Detailed Information
| Author: | ['Rajnish Ranjan Prasad'] |
|---|---|
| Publication Year: | 2020 |
| Pages: | 8 |
| Language: | English |
| Format: | |
| Price: | FREE |
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