WHY THIS MATTERS

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Artificial Intelligence (AI) and Big Data have the potential to transform the productivity and GDP of the Mexican landscape. The transformative effects will be such that current research forecasts AI could add $15.7 trillion dollars to the global economy by 2030 and double economic growth rates by 2035, fundamentally changing the way we think about human work in the process. We firmly believe that digital tools will not only allow Mexico to better address the challenges that stem from the country’s diverse and challenging environment for delivering high-quality public services, but its use will also benefit institutions, professionals, businesses and ultimately citizens. New technologies will enable new business models. They are an opportunity for the country to better target resources and improve the impact and reach of government programs.

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AI and Big Data can achieve two important objectives for Mexico: a better environment for business innovation, trade and commerce; and opportunities for greater social inclusion both through skills development and more efficient and targeted government services.

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Mexico faces a year of political transition during a time of change for the region and in the global economy. As more of the world’s production is automated, Mexico has the opportunity to transform its economy and society by supporting local talent, innovation and growth in artificial intelligence.

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       WHAT WE ARE DOING ABOUT IT

 

We are working with key Mexican stakeholders in the digital, data and AI realms in order to assess current progress, spot gaps and opportunities with the aim of co-creating recommendations that are meaningful in addressing Mexico’s most pressing challenges.

 

Over a span of eight weeks, we interviewed 68 professionals from across sectors and regions to learn about their understanding of AI, current projects and the challenges faced by their institutions. We analyzed the States of Jalisco, Nuevo Leon, CDMX, Puebla, and Yucatan to learn from their existing technology and innovation policies, main institutions, and major economic sectors. Together with Oxford Insights, we developed a white paper, “Towards an AI Strategy in Mexico: Harnessing the AI Revolution”, commissioned by the British Embassy in Mexico, where we provide an overview of what leading countries are doing in the AI space; assess Mexico’s readiness for AI, analyze current context on the National Digital Strategy and legislative framework; explore regional milestones and identify AI use cases at the national and regional levels. Moreover, we present estimations of the likely impact of Artificial Intelligence on Mexican jobs and end by providing recommendations to inform a National AI Strategy clustered around 4 themes: governance, government, and public services; capacity, skills, and education; data infrastructure; and ethics and regulation.

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       OUR VISION

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We want to take advantage of the impact power of disruptive technologies to increase the quality of life in Mexican cities, starting by working with the government to create policies that strengthen Mexico’s competitiveness and social development. This will be a first step to placing Mexico among countries leading the way when it comes to the applications of artificial intelligence for the challenges faced by emerging economies.