Kenya's Central Bank Identifies Nearly 300 AI Use Cases
The Central Bank of Kenya, known as CBK, has identified nearly 300 possible uses of artificial intelligence. The goal is to improve economic forecasting, which means predicting how the country's economy will perform. The bank is looking at how AI can make these predictions better.
Quick glossaryCBK, use cases, economic forecasting
- CBK
- Kenya's central bank, which manages the country's money supply and helps keep its banks stable and safe.
- use cases
- Specific ways a technology is put to practical work to solve a particular problem for an organisation.
- economic forecasting
- Predicting how a country's economy, such as jobs and prices, is likely to change in the future.
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