How Artificial Intelligence is transforming our world - Punch Newspapers

The impact of Artificial Intelligence continues to be felt across industries. A McKinsey report after analysing some AI use cases stated that'the impact of artificial intelligence will most likely be substantial in marketing and sales as well as supply-chain management and manufacturing'. The same report argues that AI has the potential to create trillions of dollars of value across the economy if business leaders work to understand what it can and cannot do. Looking at this critically, one would wonder how Africa's manufacturing industries would be able to compete with other continents that are massively adding AI-powered tools and solutions to their production lines? China, for example, has more or less made artificial intelligence a major priority, investing heavily so as to ensure the country stays ahead.