(MENAFN- Trend News Agency) TBILISI, Georgia, May 4. Ensuring equitableutilization of digital technology is crucial, ADB President,Masatsugu Asakawa said during the opening ceremony of the ADB Boardof Governors meeting held in Tbilisi on May 4, Trend reports.
"Artificial Intelligence offers tremendous potential to drivegrowth and help address development challenges in areas likehealthcare, agriculture, and climate change. But, developingcountries will miss out if they are not able to adopt thistechnology. There are also risks from AI, such as bias and lack oftransparency," he said.
According to the president, ADB is working hard to strengthenthe capacity of our developing member countries to deployresponsible AI solutions that follow an ethical framework and driveinclusive growth.
"We believe that bridging the digital divide, and openingopportunities from AI, are key to a more prosperous future,"Asakawa added.
The opening session of the Asian Development Bank (ADB) Board ofGovernors has kicked off in Tbilisi. The Opening Session marks theofficial start of the Annual Meeting. It is a high-profile eventattended by the Guest of Honor from the host country.
The theme for the 57th Annual Meeting to be held from May 2through May 5 is“Bridge to the Future.”
The Annual Meeting is an opportunity for ADB governors toconsider development issues and challenges facing Asia and thePacific. Several thousand participants, including financeministers, central bank governors, senior government officials,members of the private sector, representatives of internationalorganizations and civil society organizations, youth, academia, andthe media, regularly join the meeting.
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