Suppose you are a government facing various social crises. Traditionally, you might send out teams of government researchers, create government-led commissions, and hire consultancies. You might host public hearings. But you wouldn't bring your problems to the internet "crowd." Over the last 10-15 years, however, governments and non-governmental organizations in both the … [Read more...] about How Can Crowdsourcing Help Latin America in the Digital Age?
Artificial intelligence (AI), with its self-teaching smart machines, will transform Latin America and the Caribbean. It will not happen immediately. But it is inevitable, and the region needs to ensure that legislation and regulations are in place so that AI increases productivity without harming privacy or abetting discrimination. There is no time to lose. AI in the region, … [Read more...] about Can Latin America Ride the Wave of Artificial Intelligence?
They have set off a surge in bike riding, sparked explosive investment, and helped cut air pollution and carbon emissions. But the "dockless" -- or stationless -- bikes that have transformed China's cities also have come with significant social and economic costs. As Latin America prepares to embrace them, it would do well to take heed. That day is coming sooner than later. … [Read more...] about China’s Dockless Biking Boom and the Lessons for Latin America
Over the last five years, a new wave of upstarts has burst the confines of traditional finance. These are far from the hallowed institutions of classical pillars and marble. Rather they are children of Silicon Valley, exploiting the latest in digital technologies to offer everything from online shopping and payments to lending and wealth management. Known collectively as … [Read more...] about The FinTech Boom: China vs Latin America
In November 2016, China's Ministry of Foreign Affairs released a white paper to guide its relationship with Latin America and the Caribbean through the end of 2019. The paper, encompassing the full spectrum of relationships between the two regions, emphasized that China had entered a "new phase of comprehensive collaboration" with Latin America and the Caribbean and sought to … [Read more...] about Can Latin America’s Engagement with China Deepen?