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Is My Job in Jeopardy? Unpacking AI’s Impact on the Caribbean Workforce
“Will AI steal my Job?” WEF reported that employers expect to create 69 million new jobs by 2027 and eliminate 83 million positions. That will result in a net loss of 14 million jobs, equivalent to 2% of current employment. Goldman Sachs economists estimated that as many as 300 million full-time jobs around the world […]
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AI Use Cases for Credit Unions
Every profound transformation in the world of business has always been accompanied by a dash of alchemy, the kind that takes the raw, unrefined, and ordinary, and turns it into something extraordinary. Today, that transformative element is Artificial Intelligence (AI). As business leaders, we must understand this paradigm shift, especially in the context of credit […]
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Ten (10) use cases for AI and Data Analytics for the Development Bank of Jamaica
Credit Scoring and Risk Assessment: AI can be used to build accurate credit scoring models that consider alternative data sources, like mobile phone usage, social media, and utility payments. This can help the DBJ provide loans to SMEs that might lack traditional credit history. Example: The Asian Development Bank uses AI to assess credit risk […]
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