On Monday, FLORIDA, CMC—Prime Minister Phillip Davis outlined his imaginative and prescient for digital transformation within the Caribbean, asserting that his nation would even be internet hosting CANTO 2025.
Based in 1985, CANTO is the main Caribbean group devoted to facilitating technological and digital development throughout the area. The annual convention gathers business leaders to forge paths in Data, Communication, and Expertise (ICT) improvement and resilience.
Addressing the thirty ninth annual CANTO Convention and Commerce Exhibition right here, Prime Minister Davis articulated a daring imaginative and prescient for the digital way forward for the Caribbean area.
“The digital panorama is quickly evolving, and The Bahamas is on the forefront, championing a future the place expertise enhances the lives of all our residents,” Prime Minister Davis mentioned, highlighting the transformative energy of digital platforms in authorities providers and monetary inclusion.
He pointed to the profitable launch of the “Sand Greenback,” the world’s first central financial institution digital foreign money, which addressed the crucial want for sturdy international requirements and regulatory frameworks for Synthetic Intelligence (AI).
“As we stand getting ready to a future outlined by AI, it’s paramount to ascertain controls that guarantee AI serves humanity safely, ethically, and beneficially. The unchecked development of AI presents not simply alternatives however profound challenges,” he informed delegates.
Specializing in the significance of digital literacy, Prime Minister Davis mentioned, “Our imaginative and prescient contains making a complete digital transformation roadmap that encompasses all Bahamians, no matter location or financial standing.”
He mentioned this “will make sure that our workforce is provided with the mandatory abilities to thrive in a digital financial system,” including that by inviting regional and international companions to collaborate on these initiatives, the Bahamas and the broader Caribbean are well-positioned to navigate the complexities of the digital age.
Davis mentioned the Bahamas’ internet hosting of CANTO 2025 will showcase its achievements and ongoing dedication to digital excellence, reinforcing its position as a frontrunner in ICT innovation within the Caribbean.
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