Artificial Intelligence means new perspectives for governments and corporations… and everybody else
After years of covering some of the most important technology events in the world, I was happy to witness the rising of AI for Good. While 2018 saw a burgeoning approach to Artificial Intelligence as it became the central theme of a few panels in major global forums and conferences or a key resource in innovative projects developed by a still modest yet resilient number of blue chip corporations, 2019 has obviously given the subject its momentum. AI is a market expected to grow from USD 21.46 Billion in 2018 to USD 190.61 Billion by 2025, and AI for good seems to be the new frontier to explore, according to a McKinsey study. From startups to established tech operators and from governments to social entrepreneurs, it suddenly seemed like the whole tech industry was finally on the right launch pad to propose devices and services that improve both our lives and natural or manmade environments and, ultimately, preserve the planet.
Education is one of the industries that have been positively impacted by AI and has potential to grow 38% per year, reaching an approximate market value of 2 billion USD by 2023. Gamification, along with assessment and tutoring programs are being widely implemented by corporations and governments to boost learning ratios, even in remote impoverished or isolated communities while reducing costs and, eventually, helping attain the related UN Sustainable Development Goal (SDG4). Now quality education seems indeed a reachable objective where it is most needed. Robots are taking center stage in educational projects, whether to teach students about coding and AI or to coach them, thus improving their level of interest in technology-related topics.
For governments, AI has proven effective in security projects, helping cities to secure big events through improved surveillance, using connected devices including drones, Bluetooth and Wi-Fi devices to better control road traffic or the air quality. Cities like Barcelona and São Paulo have been forerunners in that regard, while making sure their policies meet the aims of the related UN Sustainable Development Goal (SDG11), specifically recommending the implementation of smart city policies.
Another major concern relating to sustainable development being population welfare, especially regarding food security, smart farming strategies are at the center of many country agricultural sustainable improved productivity programs, one of the biggest concerns of our times. AI for farming, include IoT, is a promising market and, only in the US, is adopted by 250,000 farmers, who are collectively spending almost 1 billion USD. And that’s in line with the UN SDG2. Producing food for an ever-increasing population in times of dramatically severe climate change certainly is the ultimate challenge of our society – and AI is indeed offering a highly estimated contribution. Companies that monitor crops and livestock, and those that are in the business of optimizing the efficiency of health plans, are part of the same trend, which otherwise rely on complex microclimate predicting algorithms and communication tools reaching out to farmers, providing them with more accurate information.
In a nutshell, AI for Good is good. In times when competitiveness, productivity and transparency are inevitably defined in terms of sustainability, they have no other option but to be intrinsically connected to smart, clean and socially impactful devices and services. Technology has answered many humanitarian challenges, trying to foster inclusion at a pace that was unimaginable only a few decades back. It is now the appropriate time to look at AI, as well as at its developers, and consider them as allies in the process of shaping a better world.
Join us! If you want to showcase your product, service or project in AI for Good, apply to speak at SIGEF 2019.