AI and ML: Is LATAM the next 'big' destination?

The COVID-19 pandemic has accelerated machine learning (ML) adoption in many areas, resulting in firms increasing their ML investment and implementation efforts. How can emerging markets like Latin America take the opportunity to embrace and adopt artificial intelligence (AI) and ML models more quickly? For more data-driven insights in your Inbox, subscribe to the Refinitiv Perspectives weekly newsletter. The 2020 Refinitiv machine learning survey confirms that ML adoption continues to grow globally, with North America leading adoption rates. Seventy-two percent of firms now say ML is a core component of their business strategy. In many areas, the COVID-19 pandemic has accelerated ML adoption.