Pakistan Steps into the AI Arena

Just days after announcing a cryptocurrency ban that feels about as popular as a cold soup, Pakistan’s Ministry of IT & Telecom revealed a new draft policy aimed at harnessing the powers of artificial intelligence. Who needs digital currencies when you’ve got algorithms?

Aiming for a Knowledge-Based Economy

The new AI policy seeks to pivot Pakistan toward a knowledge-based economy. This ambitious plan is set to upskill human capital in AI and related technologies. Think of it as transforming the workforce from bricklayers to code-savvy innovators. Pakistan is about to trade in its shovel for a data mining tool!

What’s in the National AI Policy?

With 15 specific targets stretching from 2023 to 2028, the framework not only lays out ambitious plans but also shows off Pakistan’s readiness to integrate AI for the betterment of society. Included in this grand vision is the establishment of a National AI Fund, cleverly funded from the Ministry’s underutilized resources—no hiding those pennies under the sofa cushions this time!

AI Applications: From Agriculture to Health

So, what exactly is on the AI menu? The draft policy highlights several use cases including:

• Weather Prediction: Because who doesn’t want to know if it’s going to rain before venturing outside?
• Agricultural Supply Chain Optimization: Helping farmers from field to fork, ensuring fresh veggies are not only available but sold at a fair price.
• Healthcare Transformation: Make what used to be a one-man job into a team effort, enhancing patient care and reducing paperwork faster than you can say “outdated system.”

Inclusive Feedback Until June 16

The Ministry has opened the floor for public feedback until June 16. It’s like a public meeting, only without the awkward coffee breaks. Citizens can email their thoughts—this is your chance to voice how you really feel about AI policy!

The Cryptocurrency Conundrum

While AI is being welcomed with open arms, cryptocurrencies seem to be having a tougher time. Pakistan’s ban on digital coins stems from conditions set by the Financial Action Task Force (FATF), preventing the country from sliding into the gray area of compliance. No pressure, right?

The government’s dance around FATF has many feeling like they’re stuck watching a bad reality show where nothing gets resolved. Calls for help from the International Monetary Fund (IMF) are ringing through the air, conjuring visions of an entire country having its destiny entwined with global financial watchdogs.