“For I know the plans I have for you, plans to prosper you and not to harm you, plans to give you hope and a future.” – Jeremiah 29:11

Artificial Intelligence (AI) is no longer a concept of the future – it is here, transforming industries, economies and daily lives. AI presents vital opportunities in the Caribbean, where small island developing states face unique economic and infrastructural challenges. It can transform lives, spark creativity and public engagement, and prepare the region for a dynamic and competitive future.

At its core, AI is the science of machines to reason, learn and act in ways that typically require human intelligence. With tools that process vast amounts of data at unprecedented speeds, AI also addresses problems that go beyond human analytical capacity.

At the AI Action Summit in Paris this month, experts – thought leaders, policymakers and technologists – gathered to explore AI’s impact on global economies. For the Caribbean, this platform was a chance to learn how AI can drive sustainable development, improve resilience and unlock creative potential in industries including tourism, finance, agriculture and health care.

AI is not just about automation; it is about transformation. Across the Caribbean, its applications already influence education, health care, and business. Supercomputers use advanced algorithms to predict hurricanes with greater accuracy. AI tools optimize crop yields for farmers and improve efficiency in government services. Chatbots like ChatGPT reduce operational costs while enhancing customer experiences.

AI’s potential to create new livelihoods is the real game changer. Although fears of redundancy are valid, history shows that technological advances often create more jobs than they replace. The key is preparation. By equipping Caribbean youth and professionals with AI literacy, coding capabilities, and creative problem-solving skills, the region can move from passive consumers of AI to active contributors to its development.

Despite its association with cold, calculating algorithms, AI amplifies human creativity. Writers, musicians and designers are using AI tools to push artistic boundaries, generate original ideas, and engage larger audiences. AI-driven analytics are helping leaders and entrepreneurs refine their communications and public speaking skills to craft more impactful messages.

The Caribbean region has long been a powerhouse of creativity, from literature to music, and is well-positioned to benefit globally. AI-assisted platforms can help writers, artists and public speakers reach international audiences while maintaining authenticity. This combination of traditional talent and modern technology will bring Caribbean voices to a broader stage.

To fully harness AI’s potential, the Caribbean must take proactive steps. Governments need to develop policies that encourage innovation while protecting data privacy. Businesses should invest in AI-powered tools to enhance efficiency and competitiveness. Meanwhile, educational institutions must integrate AI literacy into their curricula to prepare the next generation for the rapidly evolving job market.

AI is neither a threat nor a quick fix. It is a tool, and like all tools, its impact depends on how we use it. AI presents an extraordinary opportunity for the Caribbean to drive economic growth, inspire creativity, and ensure a resilient future. Let us embrace AI as a catalyst for positive change and chart a course for empowerment and prosperity.

(Dr Basil Springer GCM is a corporate governance adviser. His email address is basilgf@marketplaceexcellence.com. His columns may be found at https://www.nothingbeatsbusiness.com).