Latin America is entering a critical phase in its economic and technological development as artificial intelligence becomes a key driver of productivity and growth. According to a World Economic Forum report on the region’s “Intelligent Age,” AI presents a major opportunity to address long-standing productivity gaps and unlock significant economic value if adopted at scale. The report highlights that AI could boost annual productivity growth in Latin America by improving efficiency, decision-making, and innovation across industries such as agriculture, mining, finance, and services. However, the region currently faces challenges including uneven digital infrastructure, limited data maturity, and gaps in AI-ready talent. Despite these obstacles, Latin America has strong foundations for growth, including shared languages, growing digital ecosystems, and increasing collaboration between governments, academia, and the private sector. The report emphasizes that coordinated regional action, investment in infrastructure, and workforce upskilling will be essential for transforming AI potential into sustainable economic impact across the region.
Read more here
https://reports.weforum.org/docs/WEF_Latin_America_Intelligent_Age.pdf
