Artificial Intelligence (AI) Financial Inclusion and Wealth Creation in the Fourth Industrial Revolution

David Mhlanga

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

This chapter explores the transformative potential of artificial intelligence (AI) in addressing poverty within the context of the Fourth Industrial Revolution (4IR). Through a content analysis approach, the study examines how AI technologies can enhance data collection via poverty maps, revolutionize agriculture, improve educational access, and facilitate digital financial inclusion. The findings reveal that AI is pivotal in identifying and addressing poverty hotspots, optimizing farming practices, personalizing education, and providing financial services to underserved populations. This chapter underscores the necessity for governments, development institutions, and organizations to invest in and scale AI technologies to leverage their benefits for poverty alleviation and wealth creation.

Original languageEnglish
Title of host publicationFinancial Inclusion and Sustainable Development in Sub-Saharan Africa
PublisherTaylor and Francis
Pages80-95
Number of pages16
ISBN (Electronic)9781040300589
ISBN (Print)9781032849379
DOIs
Publication statusPublished - 1 Jan 2025
Externally publishedYes

ASJC Scopus subject areas

  • General Economics,Econometrics and Finance
  • General Business,Management and Accounting
  • General Social Sciences

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