According to Stanford University, Artificial intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems, including learning, reasoning, and self-correction. As its concept suggests, AI is a broad term that encompasses any technology that allows computers to mimic human abilities. This field includes disciplines such as … [Read more...] about Taxonomy Matters: Artificial Intelligence
Operations Day: Sharing experiences to achieve greater impact
Why is there an “Operations Day”? At the Inter-American Development Bank (IDB), we are exploring various ways to learn through experiences in project execution and thus be able to share them with our partners in Latin America and the Caribbean. We know it is not enough to just have cutting-edge ideas, sophisticated tools such as artificial intelligence (AI), and advanced … [Read more...] about Operations Day: Sharing experiences to achieve greater impact
Taxonomy Matters: Behavioral Economics
This edition of the Taxonomy Matters series explores the concept of behavioral economics. According to the International Encyclopedia of the Social and Behavioral Sciences, in an article by Sendhil Mullainathan and Richard Thaler, behavioral economics is the combination of psychology and economics … [Read more...] about Taxonomy Matters: Behavioral Economics
Taxonomy Matters: Food Security
Our recurring series Taxonomy Matters explores definitions of terms related to the field of international development and their connection to knowledge products that we publish. This new entry focuses on the subject of food security. According to the United Nations Food and Agriculture Organization (FAO) and its multilingual thesaurus AGROVOC, food security is a situation … [Read more...] about Taxonomy Matters: Food Security
Open-Source technology and AI-powered Data to strengthen Urban Planning
UrbanPy is a python-based tool offered in an open-source fashion as part of the Open Urban Planning Toolbox. It was designed to support urban planning by bringing together specific local data focused on geographic regions defined by municipal authorities, making it useful across various contexts. The tool was developed by the Inter-American Development Bank (IDB) in … [Read more...] about Open-Source technology and AI-powered Data to strengthen Urban Planning