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Corporate executives are urged to adopt artificial intelligence (AI) to enhance institutional performance in today's digital landscape. Dr. Jabir Bakari, director general of the Tanzania Communications Regulatory Authority (TCRA), emphasized the importance of leveraging AI's transformative capabilities during a recent roundtable discussion. He highlighted that AI is not a new concept but has evolved from advancements in computing and internet technologies.
Digital transformation is described as a cross-sectoral initiative impacting agriculture, transport, mining, education, and health. Bakari pointed out that a 10% increase in technology usage can lead to a 2.5% rise in GDP, showcasing the economic potential of AI. TCRA's commitment to promoting STEM education is also crucial for preparing future generations to thrive in a digital economy.
• Executives should leverage AI for improved institutional performance.
• A 10% increase in tech usage can boost GDP by 2.5%.
AI is discussed as a transformative technology that can enhance various sectors and improve institutional performance.
The article emphasizes its importance across sectors like agriculture, transport, and education.
TCRA's initiative to promote STEM is crucial for developing skills necessary for a digital economy.
TCRA is pivotal in promoting digital readiness and the adoption of AI technologies.
The ITU's report on technology usage and GDP impact is referenced to highlight the economic benefits of AI.
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