Artificial intelligence (A.I) refers to the ability of machines to understand the world around them, learn and make decisions. A.I is an interdisciplinary and human-centred field.
In the coming years, A.I technology will exert an enormous impact on economic development and the nature of work. It will also radically reshape the competitive dynamics of many industries. Because of this, many leaders believe that their country’s future hangs in the balance. It is no wonder that governments are rushing to foster investments in A.I, establish educational programs, and pursue research & development to support businesses within their borders.
Most major companies already have experience with automation and data analytics. A.I, which enables machines to solve problems and take actions that in the past, could only be done by humans, builds on current technologies and knowledge. A.I tools can analyze immense volumes of data to learn underlying patterns, enabling computer systems to make complex decisions, predict human behaviour, and recognize images and human speech, among many other things. A.I-enabled systems can learn and adapt. Here are a few ways in which China has adopted A.I:
JAMAICA and A.I
What if Jamaica developed a National A.I Strategy?
Jamaica is one country that seems to be embracing A.I technology. The Minister of Science, Energy, and Technology Fayval Williams says research is indicating that by 2020, 30% of all day-to-day businesses will implement artificial intelligence as a part of their digital transformation strategy. “We are in the digital era where the only constant is change,” she said. “The technological revolution and transformation which are characteristics of the digital age have significantly changed and reshaped the way we operate on a daily basis and in business.” – source
So, here lies our question – what if Jamaica developed a National A.I Strategy? It definitely wouldn’t be the first. Many governments have developed formal A.I frameworks to help spur economic and technological growth. These range from the US executive order on A.I leadership and China’s “Next Generation Artificial Intelligence Development Plan” to “A.I Made in Germany” and the “Pan-Canadian Artificial Intelligence Strategy.”
National A.I strategies focus on fostering talent and education, government investment, research, and collaborative partnerships
National A.I strategies focus on fostering talent and education, government investment, research, and collaborative partnerships. But governments face more than technological and economic challenges. Privacy, explainability, human bias, safety, transparency, accountability, and regulation of A.I-enabled systems must be at the forefront, without curtailing innovation and the potential economic benefits. We are already in contact with A.I in different ways and forms whenever we interact with technology, through online marketing, e-commerce and entertainment platforms. Jamaica can use A.I for economic growth, public safety & health, job creation, and to grow Brand Jamaica.
StarApple AI
StarApple AI aims to make Jamaica the Global HUB for Analytics and A.I innovation
StarApple AI is an A.I startup founded in early 2020. StarApple AI aims to make Jamaica the Global HUB for Analytics and A.I innovation. But how do we intend on doing this? By increasing the efficiency, prescriptive capabilities, and sustainability of the operations and persons that power our economy. But how do we intend on doing all of that?
- By upskilling workers from all industries to apply analytics and machine learning on the job – TrainLytics
- By helping organizations make better decisions by leveraging Business Expertise, Data Analytics and Predictive Modelling StarApple Analytics
- By developing products and services that utilize A.I for economic development – StarApple AI
- By supporting outreach and STEM programmes to demystify, promote accountability and responsible usage of A.I
Despite A.I potentially adding value to any field it is applied to, not all problems should or can be currently solved with A.I; data availability & quality, ethical concerns, the problem not being well defined, the potential for negative ROI are a few concerns. Even so, business understanding, data analytics and insights derived from data should never be omitted from the problem-solving process. For problems where A.I is not suited, we recommend StarApple Analytics #sponsored.
StarApple aims to support nationwide STEM initiatives, provide advisory services for the integration of Analytics and A.I in all industries, upskill public sector workers, provide analytical assistance to all Government interests and objectives.
In part 2 we will focus on industry specifics, what industries would you like focused on? Let’s connect and discuss the societal value and impact of Analytics and A.I.