World Bank Group
5 December 2024
The report explores the transformative potential of AI and the need for robust governance frameworks. Here are some key highlights:
Transformative Impact of AI:
Education: In Sub-Saharan Africa, AI-powered chatbots like Kenya's Somanasi help bridge learning gaps.
Healthcare: AI enables accurate diagnoses and personalised treatments.
Disaster Prediction: AI forecasts natural disasters, allowing timely interventions.
Governance Frameworks:
Data Privacy and Security: Protecting sensitive information is crucial.
Bias and Fairness: Inclusive data practices ensure fair AI models.
Transparency: Transparent AI systems are vital for accountability.
Balancing Innovation and Regulation:
Effective regulation builds trust and fosters innovation. Policymakers must balance safeguarding against risks and promoting advancement.
Tools for Policymakers:
The report outlines governance tools – industry self-governance, soft law, regulatory sandboxes and hard law – tailored to unique contexts.
Read the full pdf report below.