Fourth Revolution and the Bottom Four Billion: Making Technologies Work for the Poor

Products and services based on advanced technologies such as artificial intelligence and blockchain are normally considered to be for rich consumers in advanced countries. Fourth Revolution and the Bottom Four Billion demonstrates how marginalized and vulnerable groups with limited resources can also benefit from these technologies. Nir Kshetri suggests that the falling costs and the increased ease of developing and deploying applications based on these technologies are making them more accessible. He illustrates how key emerging technologies are transforming major industries and application areas such as healthcare and pandemic preparedness, agriculture, finance, banking, and insurance. The book also looks at how these transformations are affecting the lives of low-income people in low- and middle-income countries and highlights the areas needing regulatory attention to adequately protect marginalized and vulnerable groups from the abuse and misuse of these technologies. Kshetri discusses how various barriers such as the lack of data, low resource languages, underdeveloped technology infrastructures, lack of computing power and shortage of skill and talent have hindered the adoption of these technologies among marginalized and vulnerable groups. Fourth Revolution and the Bottom Four Billion suggests that it is the responsibility of diverse stakeholders—governments, NGOs, international development organizations, academic institutions, the private sector, and others—to ensure that marginal groups also benefit from these transformative innovations.

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Fourth Revolution and the Bottom Four Billion: Making Technologies Work for the Poor

Products and services based on advanced technologies such as artificial intelligence and blockchain are normally considered to be for rich consumers in advanced countries. Fourth Revolution and the Bottom Four Billion demonstrates how marginalized and vulnerable groups with limited resources can also benefit from these technologies. Nir Kshetri suggests that the falling costs and the increased ease of developing and deploying applications based on these technologies are making them more accessible. He illustrates how key emerging technologies are transforming major industries and application areas such as healthcare and pandemic preparedness, agriculture, finance, banking, and insurance. The book also looks at how these transformations are affecting the lives of low-income people in low- and middle-income countries and highlights the areas needing regulatory attention to adequately protect marginalized and vulnerable groups from the abuse and misuse of these technologies. Kshetri discusses how various barriers such as the lack of data, low resource languages, underdeveloped technology infrastructures, lack of computing power and shortage of skill and talent have hindered the adoption of these technologies among marginalized and vulnerable groups. Fourth Revolution and the Bottom Four Billion suggests that it is the responsibility of diverse stakeholders—governments, NGOs, international development organizations, academic institutions, the private sector, and others—to ensure that marginal groups also benefit from these transformative innovations.

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Fourth Revolution and the Bottom Four Billion: Making Technologies Work for the Poor

Fourth Revolution and the Bottom Four Billion: Making Technologies Work for the Poor

by Nir Kshetri
Fourth Revolution and the Bottom Four Billion: Making Technologies Work for the Poor

Fourth Revolution and the Bottom Four Billion: Making Technologies Work for the Poor

by Nir Kshetri

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Overview

Products and services based on advanced technologies such as artificial intelligence and blockchain are normally considered to be for rich consumers in advanced countries. Fourth Revolution and the Bottom Four Billion demonstrates how marginalized and vulnerable groups with limited resources can also benefit from these technologies. Nir Kshetri suggests that the falling costs and the increased ease of developing and deploying applications based on these technologies are making them more accessible. He illustrates how key emerging technologies are transforming major industries and application areas such as healthcare and pandemic preparedness, agriculture, finance, banking, and insurance. The book also looks at how these transformations are affecting the lives of low-income people in low- and middle-income countries and highlights the areas needing regulatory attention to adequately protect marginalized and vulnerable groups from the abuse and misuse of these technologies. Kshetri discusses how various barriers such as the lack of data, low resource languages, underdeveloped technology infrastructures, lack of computing power and shortage of skill and talent have hindered the adoption of these technologies among marginalized and vulnerable groups. Fourth Revolution and the Bottom Four Billion suggests that it is the responsibility of diverse stakeholders—governments, NGOs, international development organizations, academic institutions, the private sector, and others—to ensure that marginal groups also benefit from these transformative innovations.


Product Details

ISBN-13: 9780472903214
Publisher: University of Michigan Press
Publication date: 04/18/2023
Sold by: Barnes & Noble
Format: eBook
Pages: 374
File size: 1 MB

About the Author

Nir Kshetri is Professor in the Bryan School of Business and Economics at The University of North Carolina at Greensboro.

Table of Contents

List of Illustrations

List of Tables

List of Boxes

Preface and Acknowledgments

Abbreviations

Part 1: Background and Overview of the Fourth Revolution and the Bottom Four Billion

Chapter 1: The Fourth Revolution and the bottom four billion: Key underlying concepts and developments 

Part 2: Major Fourth Revolution technologies

Chapter 2: Artificial intelligence 

Chapter 3: Blockchain 

Chapter 4: Remote sensing and satellite imagery

Chapter 5: Internet of things* 

Part 3: The 4R in economic and social developments

Chapter 6: Healthcare and pandemic preparedness

Chapter 7: The agricultural sector

Chapter 8: Finance, banking, and insurance

Part 4: Opportunities, challenges, implications and the way forward

Chapter 9: Opportunities, barriers and challenges

Chapter 10: Economic developmental implications

Chapter 11: Social, political and ethical implications 

Chapter 12: Discussion, conclusion and recommendations

Glossary

About the Author

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