Artificial Intelligence Readiness and -Performance Benchmark

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Are countries across the world ready to reap the benefits of Artificial Intelligence (AI) and how are they currently performing? Capgemini’s AI benchmark shows the current state of play.

Artificial Intelligence (AI) will disrupt a large breath of markets and transform organizations, institutions and societies. AI is expected to bring profound positive impacts while at the same time there are also possible risks and pitfalls to watch out for. For countries, it is therefore of paramount importance to become ‘AI ready’, thus to gain the ability to reap the benefits of AI. Capgemini Consulting conducted a benchmark of countries to compare and see where they stand in this process of becoming an ‘AI ready’.  “Artificial intelligence readiness is the extent to which a country and its institutions & businesses have the ability to reap the benefits of AI”

The benchmark contains indicators for three large components that are defined as the foundation of AI readiness, namely the (1) Institutional Environment, the (2) Technological Maturity and the (3) Skill Advancement. These are aggregated to form a total score on which a countries rank is based. The results are as follow:

We also conducted an assessment of the level of performance in AI.  “AI performance is the extent to which a country and its institutions & businesses have committed to the pursuit of a leading position in artificial intelligence.”

The AI Performance Benchmark uses performance indicators to indicate a global leadership rank by creating five categories: (1) Personnel, (2) Monetary Impact, (3) Competitiveness, (4) Research & Education and (5) Technology.

 

The detailed AI Readiness and -Performance Benchmark can be downloaded here: AI Readiness Benchmark.

To avoid missing out on the potential of AI and to safeguard us from any potential risks, companies and countries need to make fundamental changes to become ready for integrating AI holistically into their strategies, operations and lives. These policy changes should be made to aid in this process:

  • AI awareness should be increased by intensively experimenting with AI
  • Existing legal frameworks need to be revised to create a favourable AI-enabled environment
  • SMEs and bigger companies should work collaboratively and prioritize the low complexity and high benefit projects to create quick wins
  • Data sharing and accessibility should be stimulated in initiatives and innovation hubs
  • The skills gap between the general workforce and the one that can work with AI needs to be decreased

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