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    Money Matters: What's the role of AI in global development?

    In this week's edition: the benefits and risks posed by AI in the sector's work, an examination of humanitarian underfunding, and is Europe failing in localization.

    By Omar Mohammed // 16 July 2023

    Billions of dollars are pouring into developing tools rooted in artificial intelligence, or AI.

    The world of global development is getting excited about the technology. They see AI’s potential to transform things like remote medical treatment, agriculture, rebuilding of war-affected countries, and making the industry smarter, faster and more effective.

    But is the excitement clouding judgment over some of the risks that exist within this emerging technology?

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    About the author

    • Omar Mohammed

      Omar Mohammed

      Omar Mohammed is a Foreign Aid Business Reporter based in New York. Prior to joining Devex, he was a Knight-Bagehot fellow in business and economics reporting at Columbia University Graduate School of Journalism. He has nearly a decade of experience as a journalist and he previously covered companies and the economies of East Africa for Reuters, Bloomberg, and Quartz.

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