Feb. 23 at 7:52 PM
$JMIA Africa will likely be the greatest beneficiary of AI. Its labor force will be the least disrupted and its main economic sectors — the natural resource extractive sector—will grow. Having a population that skews so young allows it to focus on growth rather than taking care of unemployed lawyers, accountants, and consultants for the last 50 years of their lives.
Africa has a critica demographic advantage at this pivotal period in history. There is nowhere in the world that will see faster gains in their standard of living, due to AI, than in Africa. I’m not saying the standard of living will be on par with the US, China or Europe, but the differential will shrink.