AI: The Caribbean Catalyst – How Jamaica’s Digital Ambitions Could Power the Future
Artificial intelligence (AI) refers to the ability of machines to understand the world around them, learn and make decisions. AI is an interdisciplinary and human-centred field.
In the coming years, AI 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 countries’ futures hang in the balance. It is no wonder that governments are rushing to foster AI investment, establish educational programs, and pursue research and development to support businesses within their borders. The Covid-19 virus is already accelerating several major trends that were already well underway before the outbreak and that will continue as companies shift their focus to recovery.
Most major companies already have experience with digital applications such as automation and data analytics. But AI, which enables machines to solve problems and take actions that in the past could only be done by humans, builds on that. AI 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. AI-enabled systems can learn and adapt. Here are a few ways in which China has adopted A.I:
https://youtu.be/6yDw9w8uPyQ
JAMAICA AND A.I.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.”
So, here lies our question – what if Jamaica developed a National A.I. Strategy? It definitely wouldn’t be the first. In fact, many governments have developed formal AI frameworks to help spur economic and technological growth. These range from the US executive order on AI leadership and China’s “Next Generation Artificial Intelligence Development Plan” to “AI Made in Germany” and the “Pan-Canadian Artificial Intelligence Strategy.” These 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 AI-enabled systems must be put at the forefront, without curtailing innovation and the potential economic benefits. We are already in contact with AI 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 is an A.I. startup founded in early 2020. Our aim is 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 AI for economic development – StarApple AI
By supporting outreach and STEM programmes to demystify A.I and promote accountability and responsible usage.
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, the problem not being well defined, or its use resulting in 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 AI is not suited we utilize 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.
There’s an ever-growing ever-changing ocean of data in the universe. My passion is tapping into the ocean to solve problems using Analytics and A.I. I’ve spent over 10 years creating value by applying analytics and machine learning solutions to multiple fields, including; retail, commercial and investment banking, fintech, risk management, compliance, tourism, marketing, and the client experience.
Let’s connect and discuss the societal value and impact of Analytics and A.I. founder@StarApple.ai
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