A document titled, ‘Co-creating a National Artificial Intelligence Strategy for Nigeria,’ which he shared on his X handle on Monday, disclosed that Al has become a multi-purpose technology transforming production and service delivery, with the potential to significantly impact economic growth and social progress.
Quoting the International Finance Corporation, the ministry revealed that the strategic adoption of Al could add up to $234 billion to Africa’s GDP by 2030. It however noted that along with the opportunities, Al governance also poses some complex socio-technical challenges. It said, “As algorithms are deployed in high-stake domains like healthcare, finance, and security, concerns are emerging around ethics, bias, transparency, job automation, and privacy. Both policymakers and researchers are of a consensus that a human-centered approach is essential to ensure Al systems are fair and accountable to all, across gender, ethnic and socioeconomic groups.”
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