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Artificial Intelligence as a Catalyst for Socioeconomic Development: Challenges and Prospects

Artificial Intelligence as a Catalyst for Socioeconomic Development: Challenges and Prospects
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Author(s): Jude Thaddeus Chibuzo Udenkwo (Nnamdi Azikiwe University, Nigeria)
Copyright: 2022
Pages: 9
Source title: Handbook of Research on Connecting Philosophy, Media, and Development in Developing Countries
Source Author(s)/Editor(s): Desmond Onyemechi Okocha (Bingham University, Nigeria), Melchizedec J. Onobe (Bingham University, Nigeria) and Mirian Ngozi Alike (Nnamdi Azikiwe University, Nigeria)
DOI: 10.4018/978-1-6684-4107-7.ch017

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Abstract

The chapter explores the challenges and prospects in the role of artificial intelligence in development. Using a qualitative method of analysis, it examines evidence from crucial literature on artificial intelligence from diverse scholars and experts in the field. The research began with a conceptual review of AI and then made a foray into the ethical and epistemological basis of AI. It further highlighted the qualities of AI and the threat that AI poses to the digital divide between North and South. It also examines the importance of Ai to development, the latest advancements in AI, the importance of AI in the bid by Third World countries to catch up with development, and qualities and regulatory frameworks for harnessing and consolidating AI. Finally, it makes recommendations on the best approach to using AI to influence socioeconomic development.

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