Strengthening the artificial intelligence readiness of the Caribbean

Artificial intelligence (AI) systems, when applied well, could help in addressing key global challenges and advance the Sustainable Development Goals (SDGs). However, these potential benefits will not materialize automatically. The use of AI also carries significant risks, such as disruption to job markets and economies, loss of cultural diversity, new AI-enabled digital weapons that increase misinformation and surveillance, and threats to human rights and democracy. While AI systems could support the achievement of many of the SDGs , they could also impede the achievement of others and increa…

Recommendations for fintech sector development and leveraging of artificial intelligence and blockchain technology in Aruba

This report presents strategic recommendations for the development of Aruba's fintech sector with a focus on leveraging artificial intelligence and distributed ledger technologies. It evaluates Aruba's readiness in the information and communications technology (ICT) sector and the financial sector, comparing key indicators against counterparts in the region, including Curaçao, Jamaica, Trinidad and Tobago and the Kingdom of the Netherlands. The report highlights strenaths, such as stable democratic traditions, high education levels and a robust banking sector, and weaknesses, such as…

Overcoming Development Traps in Latin America and the Caribbean in the Digital Age: The Transformative Potential of Digital Technologies and Artificial Intelligence

Latin America and the Caribbean is affected by three major structural traps or challenges that are holding back its development: low capacity for growth, high inequality and low social mobility, and low institutional capacity and ineffective governance. These challenges are deeply interconnected and feed back into each other, and the result is a vicious circle of productive stagnation, social exclusion and institutional fragility. However, digital transformation and the use of new technologies such as artificial intelligence (AI) offer a unique opportunity to break this cycle. This document ex…

Artificial intelligence readiness in the Caribbean: An exploratory review

The aim of this study is to consolidate the many sources of information on AI in the Caribbean, providing policymakers, academics and decision makers in the Caribbean AI space with a general overview of the AI landscape in the Caribbean, while making initial recommendations and suggesting areas for future research. Given the pace at which the field of AI is developing, and how quickly AI tools have become generally available to the public, data and research on the impacts of AI and AI readiness are limited. This study is therefore not comprehensive in its assessment. As a desk study, the resea…

The Hummingbird Vol. 12 No. 1

The Caribbean and artificial intelligence: past, present and future

The Hummingbird Vol. 11 No. 10

The Hummingbird Vol. 11 No. 2

Harnessing the potential of artificial intelligence to create public value in the Caribbean. Policy Brief

Caribbean governments need to proactively harness and adopt artificial intelligence technology in public sector organizations to create public value. Despite its numerous benefits, public sector organizations in the Caribbean are lagging in artificial intelligence (AI) adoption. AI is a disruptive technology that has become increasingly ubiquitous and pervasive in modern societies. Extremely transformative, they have advanced rapidly, and affect virtually every aspect of our existence, including the way we interact with and transact within society. AI has provided many benefits, which were pre…

Artificial Intelligence for Caribbean Sustainable Development

The Role of Data for SDG Advancement in the Caribbean

Digital Public Goods: Driving the Development of Digital Public Infrastructure in the Caribbean

Data, algorithms and policies: Redefining the digital world

The convergence of the physical and digital worlds is shaping an ecosystem whose dynamics are redefining the economic and social development model. This document analyses the Internet of Things, blockchain and artificial intelligence, and their transformative potential. It studies two enablers of these technologies: global digital platforms and training for upgrading human resources, and analyses the impact of these and other digital technologies on manufacturing and advanced services, and on digital financial technology (fintech) firms. It concludes with a reflection on the implications of ar…