Artificial Intelligence (AI) and Poverty Reduction in the Fourth Industrial Revolution (4IR)
The study aimed to investigate the influence of AI on poverty reduction using content analysis. The study went on to discover that AI has a strong influence on poverty in areas of relevant data collection through poverty maps, its ability to revolutionize agriculture, education, and the financial sector through digital financial inclusion. Researchers are using satellite images to map poverty, to identify the regions where poverty is more concentrated. This is helping a lot in the identification of the number of poor people and the regions where these people are located. Researchers are also using various robotics and AI programs "such as Google and Stanford University's Sustainability and Artificial Intelligence Lab" to come up with AI programs in agriculture which are helping to improve farming, through effective diseases detection, prediction of crop yields, and location of areas prone to a scarcity among several other notable signs of progress in education. Therefore, the study recommends that governments, development institutions and other organizations that are striving to fight poverty to invest more in AI as well as adopting and scaling up its use as it presents benefits in the quest to ensure that poverty is reduced.