Amazon Web Services (AWS) and the Mexican Ministry of Economy formed a strategic partnership to develop specialized IT talent in the country, and female tech leaders discussed the benefits and risks of blockchain applications at Mexico’s Tech Week. Also, the Federal Telecommunications Institute (IFT) developed an interactive map aimed at assisting users to locate mobile service coverage following hurricane Otis’ impact in Acapulco.
In global tech news, 28 national delegates met in the United Kingdom to discuss the best ways to regulate AI technology, and Elon Musk introduced its new AI-powered chatbot, Grok.
This is the week in Tech:
Mexico’s Technological Landscape
A study by the World Economic Forum revealed that more than 75% of companies are looking to adopt emerging technologies like cloud computing, artificial intelligence and big data, to advance their digital transformation efforts. In response to this market signal, the Mexican Ministry of Economy has established a partnership with Amazon Web Services to develop specialized IT talent, according to the Ministry’s press release.
During Mexico's Tech Week, female experts and leaders convened to explore the potential and prospects of blockchain technology. This event was designed for anyone interested in the applications of blockchain technology and provided attendees with the opportunity to connect with female leaders from cryptocurrency and tech communities.
Reestablishing energy supply and communication is one of the many challenges Guerrero faces to recover from Hurricane Otis. In response, the Federal Telecommunications Institute (IFT) developed an "Interactive Map of Mobile Coverage Availability in Acapulco," aiming to assist users in locating places with mobile service coverage.
Mexico stands at a pivotal crossroads of transformation and opportunity brought upon by the nearshoring boom, in which digital maturity and manufacturing prowess intersect. This trend is underpinned by a global economy that has realized the value of shorter supply chains and embraced the digital revolution for added efficiency and precision. These are capacities that domestic companies are eager to strengthen to meet the evolving demands of global supply chains, now characterized by swift shifts in consumer preferences and heightened sustainability expectations.
Global Technology Developments
Delegates representing 28 nations gathered in the United Kingdom for the inaugural International AI Safety Summit to address pressing concerns arising from the rapid advancements of artificial intelligence. In it, delegates from the participating countries vowed to contain the potential risks related to AI-powered technologies, such as a massive cyberattack event and the proliferation of misinformation, among many others. However, the delegates were not able to agree on a standardized way to regulate the development of this emerging technology.
Elon Musk, CEO, Tesla, recently unveiled Grok, an AI-powered chatbot that is expected to compete with OpenAI’s ChatGPT. Grok is part of Musk's latest venture xAI and has a distinctive "rebellious streak" and witty demeanor, says Musk. However, Grok’s chatbot will only be available to premium subscribers on X’s platform following rigorous testing.
While stringent standards and regulations within the industrial sector have shown positive results in mitigating pollution and environmental hazards, increasingly frequent natural disasters like hurricane Otis in Acapulco underscore the need for more proactive action. This understanding is driving industries to explore the potential of ecotechnologies to reduce their greenhouse gas emissions.
Technical debt, namely outdated technology, code, practices, and ways of working, hinders innovation and digital transformation efforts, limiting an organization's ability to grow and thrive, writes Eduardo Sarmiento Villalobos, Country Manager Mexico, DXC Technology.
To address this issue, a comprehensive approach is required, reframing tech debt as organizational debt and integrating it into the modernization process. In fact, "understanding that tech debt arises from various trade-offs and suboptimal decisions allows leaders to tackle it more effectively."
AI tools like Bard, ChatGPT, and Midjourney are reshaping various aspects of our lives; however, limiting AI to mere efficiency and productivity enhancement overlooks its true potential, writes Luca Nan, CEO, Alkemy LATAM. Professionals and experts must embrace AI not just as a productivity tool but as a creative engine that elevates collective progress. By envisioning AI as a lever that enhances creativity and fosters imagination, individuals can unlock its full capacity, leading to groundbreaking ideas and innovative approaches that transcend known boundaries. At the end of the day, AI is "not only the democratization of information, the acceleration and optimization of processes, but an opportunity to free our true potential and elevate our creative output in every moment,” said Nan.
Are you ready to set yourself up for success in 2024? Join us at Mexico Business Summit 2023, the must-attend B2B conference for Mexico’s business leaders!
Taking place on Nov. 28-30, 2023, at Expo Santa Fe in Mexico City, this high-level multi-industry conference offers unmatched opportunities to get inside perspectives on key industry trends, access actionable business intelligence, generate pre-qualified leads and identify new opportunities in a unique cross-industry networking environment.
Mexico Business News offers you an exclusive MX$2,000 ticket discount by using this code: MBS2023MBN2000.
Don't miss this opportunity and get your tickets here: https://mexicobusiness.events/MBS/2023