You are currently viewing It has been Suggested that Artificial Intelligence could Contribute $30 Billion to the Economy of Sub-Saharan Africa.

It has been Suggested that Artificial Intelligence could Contribute $30 Billion to the Economy of Sub-Saharan Africa.

  • Post category:news

The research was done by a Google-funded organization called LabFirst. In the study, it was suggested that feeding sub-Saharan Africa could benefit from 30 billion dollars in 10 years.

According to a study titled “The Digital Opportunity of Sub-Saharan Africa”, 70 percent of the sub-continent’s population is under 30 years old. 76 percent of them use the Internet. According to the study, if the Internet access is increased by 1 percent, the gross domestic product (GDP) will grow by 6 percent.

According to the information released by the Forbes Africa website based on the research, AI can make Africa the owner of the digital economy by streamlining operations, bringing new ideas and reducing costs.

In conclusion, the report emphasizes the importance of utilizing AI-based education systems responsibly and effectively.