BEGIN ARTICLE PREVIEW:
Robots welding at the assembly line of the French car maker Peugeot/Citroen in Brazil. Artificial intelligence offers a chance for the Latin America’s economies to leapfrog to greater innovation and economic progress.
Photo: Antonio Scorza/AFP/ Getty Images
Share this article
E-commerce firms have faced a conundrum in Latin America: How can they deliver packages in a region where 25% of urban populations live in informal, squatter neighborhoods with no addresses?
Enter Chazki, a logistics startup from Peru, which partnered with Arequipa’s Universidad San Pablo to build an artificial intelligence robot to generate new postal maps across the country. The company has now expanded to Argentina, Mexico and Chile, introducing remote communities and city outskirts to online deliveries.
That’s just one example of how machine learning is bringing unique Latin American solutions to unique Latin American challenges. Artificial intelligence and its correlated technologies could prove a major boon to the region’s public and private sectors. In turn, its policymakers and business leaders have to better prepare to take full advantage — while warding off potential downsides.
AI’s Economic Booster Shot
Latin America has long been the victim of low productivity — and …
END ARTICLE PREVIEW