Source: The Daily Star

The article examines Bangladesh's potential to leverage artificial intelligence (AI) for inclusive economic growth. As AI technologies rapidly evolve, they present an opportunity for Bangladesh to address social and economic disparities while boosting its overall development. The article highlights that AI can be used to improve education, healthcare, agriculture, and financial services, making these sectors more efficient and accessible to a broader population.

In the agricultural sector, for instance, AI can optimize crop yields through predictive analytics, helping farmers make data-driven decisions regarding planting, irrigation, and harvesting. In healthcare, AI can assist in diagnosing diseases, managing patient data, and providing remote consultations, particularly in rural areas where access to medical professionals is limited. The article also emphasizes the role of AI in financial inclusion, allowing underserved populations to access banking and financial services through AI-driven platforms.

However, the article points out that several challenges must be addressed for Bangladesh to fully harness AI’s potential. These include the need for significant investments in digital infrastructure, the development of AI talent, and the creation of regulatory frameworks that ensure ethical AI use. Additionally, there are concerns about the potential loss of jobs due to automation, particularly in low-skill sectors.

The article concludes by stating that while AI offers immense potential for inclusive growth, it must be implemented thoughtfully to ensure that all segments of society benefit. Policymakers, industry leaders, and educational institutions must collaborate to develop a comprehensive AI strategy that promotes innovation while mitigating the risks associated with the technology.