The AI revolution – a new era for emerging markets

THE artificial intelligence (AI) revolution is reshaping economies and industries globally. While the technology has existed for some years, it appears we’re now at an inflection point, with the emergence of the likes of ChatGPT bringing AI to the general consumer.

The inflection point for the commercial adoption of AI has largely been achieved due to two factors: the availability of data and lower computing costs thanks to semiconductor advancements.

These advancements have made AI more accessible and affordable, opening up the technology to companies beyond “Big Tech”. This should allow emerging market (EM) countries to reap the benefits of years of research while also leveraging their agility to adapt and innovate.