JOURNALS

OCHENDO - An African Journal of Innovative Studies (OAAJIS) (Vol. 3 No. 1, 2022) ARTIFICIAL INTELLIGENCE AND SOCIO-ECONOMIC DEVELOPMENT IN AFRICA Author(s): Ejikemeuwa J. O. NDUBISI, PhD & Ikechukwu Anthony KANU, PhD

ABSTRACT

There is a high potential for artificial intelligence (AI) to become the enabling technology of the new socio-economic paradigm in Africa. Many have viewed Artificial Intelligence as a way forward in production and economic development as it can accelerate the process and improve the performance through which things are being processed. AI can generally enhance making conclusions by breaking down enormous amounts of a dataset which can give rise to the invention of new markets and industries, products and services and by that improving consumer interest that will spawn new income flow. No doubt, Africa possesses what it takes to promote the growth of its economic development by directing Artificial Intelligence in a way that will enrich her economy. The present study aims at the further exploration of the possibility for artificial intelligence to become the enabling technology of the socio-economic revolution in Africa. This paper burdens itself with the impact of artificial intelligence on the socio-economic development in Africa. It observes that artificial intelligence contributes enormously to socio-economic growth and development of any society and as such recommends proper application of AI in African countries in order to engender the needed economic development and liberation. The paper adopts the philosophical methods of analysis and dialectics.

Keywords: Artificial Intelligence, Economic Development, Africa, Growth, Technology
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