Pakistan's economic success depends on striking a balance between stability and growth. This entails managing environmental sustainability, societal changes, technological breakthroughs, and economic policies. Pakistan may promote political and social stability and a successful future by concentrating on these areas.
Technological advancements in Pakistan.
Significant technical developments have occurred in Pakistan, especially in the area of mobile technology, which has greatly enhanced security and met regulatory requirements.
Pakistan's digital economy is growing quickly, and its entrepreneurs are attracting significant funding. Pakistan has 181 million mobile phone users and over 100 million internet customers. The country's mobile connectivity is essential for the advancement of technology.
The nation created the first electronic voting devices, which are now in use in several other nations. Jobs are created locally when multinational corporations like Samsung, Vivo, and Oppo produce goods like TVs and smartphones.
Technology-related investment and innovation are encouraged in Special Technology Zones (STZs). Additionally, Pakistan has been added to Amazon's list of authorized merchants, creating new chances for regional business owners and SMEs.
How is artificial intelligence being utilized in Pakistan?
In a number of industries, including healthcare, agriculture, the public sector, finance, education, and manufacturing, Pakistan is welcoming the development of artificial intelligence (AI). AI solutions for smart city administration, governance, and natural catastrophe reconstruction are being developed by the National Center of Artificial Intelligence (NCAI) and the Sino-Pak Center for Artificial Intelligence (SPCAI).
Financial transactions are made more efficient and secure by the use of AI-driven algorithms for automated trading, risk management, and fraud detection. Pakistan's preparation for the new computer era is the goal of initiatives such as the Presidential Initiative for Artificial Intelligence and Computers (PIAIC).
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