The IDB Group works to harness the immense potential of artificial intelligence (AI) for growth and development in Latin America and the Caribbean, partnering with the public and private sectors to promote a holistic, responsible approach.
From unleashing productivity gains to making public services more effective, artificial intelligence and other advanced digital technologies can be powerful tools to accelerate growth, reduce poverty, and strengthen resilience in Latin America and the Caribbean.
As the prevalence and power of AI continue to grow, applying it to maximize sustainable economic and social development requires a range of proactive and coordinated actions.
These include regulatory modernization, institutional strengthening and governance structures, skills training and effective diffusion, infrastructure investments, robust public-private collaboration, and more.
The IDB Group leverages its three integrated entities in its work on AI and digital transformation: the IDB works with the region’s public sector, IDB Invest directly supports private companies and projects, and IDB Lab spurs entrepreneurship and innovation ecosystems.
Through direct financing and mobilization, technical assistance and advisory services, research and knowledge resources, and international cooperation, the Group promotes a holistic, responsible approach to adoption and use – for greater development impact and scale.
- Promote well-designed legal frameworks, governance mechanisms, and norms, including security measures and risk assessment.
- Support enabling conditions for private investment.
- Advance multi-stakeholder collaboration.
- Strengthen the talent pool through strategic investments in education.
- Expand training and capacity building in digital skills and AI in the public sector and across societies.
- Promote labor-market policies that reduce barriers to workers’ mobility, as digital transformation reshapes economies.
- Expand broadband and resilient connectivity infrastructure.
- Facilitate investment in data centers and related infrastructure, while addressing environmental and social considerations.
- Foster open markets and platforms for data exchange.
- Promote key platforms to support digital operations, services, and security.
- Reduce financial and knowledge-related barriers to adoption.
- Build absorptive capacity and promote coordinated adoption.
- Strengthen the public-sector institutions leading digital transformation.
- Foster the supply side of AI in the region.
Learn about our areas of work for improving lives in Latin America and the Caribbean.
Explore the projects driving development across sectors in Latin America and the Caribbean.