More

    Artificial Intelligence (AI) in Pakistan

    Artificial intelligence stands as a pivotal technology in the ongoing digital transformation, playing a crucial role in facilitating the expansion of businesses. Recent research and market surveys indicate that by 2025, AI is poised to experience an annual growth rate of 52%. This rapid adoption is anticipated globally, spanning sectors such as national security, healthcare, logistics, and education. Notably, the World Economic Forum suggests that the developing world may witness the loss of two-thirds of jobs due to automation.

    Pakistan’s population and governmental stability face potential significant impacts from this AI-driven shift. The negative consequences of job displacement are further exacerbated by the country’s limited access to education and technology. Understanding the intricate and multidimensional nature of AI’s influence on Pakistan’s labor market requires consideration of specific industries, job categories, and governmental policies.

    Conversely, generative AI holds the potential to enhance production and efficiency, thereby benefiting the Pakistani economy. Automation of specialized tasks in manufacturing and agriculture, such as data processing and decision-making, can boost productivity and lead to economic expansion. Furthermore, the application of generative AI in developing nations like Pakistan could create new job opportunities in AI-related industries such as data analysis, software development, and machine learning, offering relief to the existing high unemployment rates. Additionally, generative AI can contribute to educational advancements by tailoring learning experiences for students, potentially improving academic achievements, and increasing access to education in developing nations.

    The positive impact of generative AI in Pakistan hinges on factors like the availability of resources (energy, internet connectivity, and a skilled workforce) and adherence to governmental rules and regulations. Given that some countries are making substantial investments in Artificial Intelligence, it is imperative for Pakistan to create an environment conducive to the application of AI and to catch up with the advancements made by developed nations.

    Also Read: ABHI has been selected as one of the Future 100 companies in the UAE

    Latest articles

    Malir Malangs, Gulshan Gabroos win matches at KTPL

    Malir Malangs and Gulshan Gabroos won their matches on the fifth day of KTPL at Moin Khan Academy here.   In the first match, Gulshan Gabroos scored...

    Emirates introduces experiential Travel Store in Karachi, as first expansion into West Asia

    Emirates, the world’s largest international airline, has officially launched its new Travel Store in Karachi, making it the airline’s first experiential retail concept to...

    Tetra Pak launches its first-ever Sustainability Report for Pakistan

    Company Targets 35,000 Tons of Carton Recycling by 2025 Tetra Pak, a global leader in food processing and packaging solutions, has launched its inaugural Sustainability...

    Pathways to Development Conference at LUMS Explores Governance and Inclusion

    What role do governance and inclusion play in building resilient and equitable societies? This question brought together leading voices from Pakistan and the diaspora...

    Related articles