How Africa can embrace an AI-enabled future.
It’s no longer news that Artificial Intelligence (AI) will be a driving force behind the Fourth Industrial Revolution, with the global economic returns of this revolution expected to be in the region of about $16 trillion.
Along with these returns, AI is also expected to create 2.3 million new jobs by 2020, according to Gartner.
However, if we look at previous revolutions, history shows us that these revolutions have always been accompanied by a brief transition of temporary job loss followed by a period of recovery where job creation moves into more positive territory.
This means that we all need to take steps now to prepare AI in the future.
Leapfrogging aboard the AI train
Currently, no African country is among the top 10 countries expected to benefit most from AI and automation. But, the continent has the potential to catch up with the rest of world if we act fast.
To play catch up, we must take advantage of our best and most powerful resource – our human capital. According to a report by the World Economic Forum (WEF), more than 60 percent of the population in sub-Saharan Africa is under the age of 25.
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Source:: IT News Africa