The world is beginning to go through a new industrial revolution – the fourth – in which artificial intelligence (AI) stands out as a general purpose technology (GPT) that changes everything: the way we produce, consume, trade and work in all walks of life.
According to the quantitative analysis led by the National Artificial Intelligence Study Centeran initiative of the Chilean government that included information provided by different international organizations such as the OECD, ECLAC, UNESCO as well as public and private sources from each of the countries in the region, Argentina occupies the main position in variables linked to the public promotion of AI, the governance of the process and the formation of a new institutionality in the face of the changes imposed by the emergence of this new technological revolution..
The index compares the reaction of the governments of Latin America and the Caribbean to create good conditions in both the public and private spheres for the use and production of applications that make Artificial Intelligence a tool that favors development and avoids increasing gaps. social and economic.
In recent years, the Artificial Intelligence (AI) has experienced unprecedented growth, revolutionizing innovation in all areas. Between 2019 and 2021, 36% of Argentine manufacturing companies made an effort to innovate, regardless of their results. In total, these companies invested more than 11 billion pesos at constant values, with almost 80% allocated to capital goods to innovate and 12% to R&D activities – according to results from the third wave of the National Survey of Dynamics of Employment and Innovation (ENDEI)-.
History has left us with one certainty: in the different industrial revolutions prior to this fourth technological revolution, it was demonstrated that those organizations, companies and countries that most quickly adapted to change and adopted new technologies were the ones who obtained the most opportunities for growth and growth. greater possibility of competitiveness in the world market.
We are leading a new paradigm, companies know it, and decision makers when deciding investments know the importance of investing in AI for the present and future of business, beyond the sector and the country context. Without going any further, the latest official data show that Argentina’s knowledge economy achieved exports of USD 7,834 million in 2022, marking a record for the country – with a 21.1% growth compared to 2021. Specialists assure that this trend will continue and could even continue to rise during 2024.
Although the political, economic and tax context of the country is increasingly unpredictable and the rules of the game are very unclear, there are several factors that could contribute to Argentina’s competitiveness in the field of Artificial Intelligence (AI) in 2024, in relation to the rest of the region. What are those factors?
Five key points that favor Argentina’s role in AI during 2024
Research and Development (R&D): The level of investment and activity in research and development in the field of AI is crucial. Argentina could strengthen its position by promoting research programs and collaboration between academic institutions, companies and the current elected government.
Education in Data Science and Engineering for AI: Promoting education in areas related to data science and artificial intelligence is essential. If there is an increase in the quantity and quality of trained professionals in these areas, Argentina could have a competitive advantage, and become a hotbed of talented professionals, something that is currently in short supply, while the positions to be filled increase in the sector. of the knowledge industry.
Public-Private Collaboration: Effective collaboration between the incoming government, businesses and academic institutions can create an environment conducive to the growth of AI. Generating initiatives to finance projects can support this collaboration.
Startup Development and Entrepreneurship: Supporting and encouraging startups and emerging companies in the field of AI is key. A healthy entrepreneurial ecosystem can generate innovation and attract talent. At this point, Argentina is the protagonist, but improvements and/or new policies, investment programs and working conditions are needed that adapt to the new demands and needs of the current talent market.
Technological infrastructure: A robust technological infrastructure and reliable access to computational resources and especially to data sources are essential for the development of AI solutions. Continuing to invest in training programs and cultural/organizational evangelization processes is key for the leap in technological infrastructure to be efficient and effective.
Founder and President of LIVEWARE -Software Engineering-.
Source: Ambito
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