Message From CEO
Rajen KandelFounder and CEO, The British College
I am delighted to announce that The British College is
organizing the first international conference on Artificial Intelligence in Nepal.
Artificial Intelligence (AI) is a rapidly emerging catalyst for economic growth in this era. It is a collection of multiple technologies that enable machines to sense, comprehend, act and learn either on their own or to augment human activities. It is a new factor of production and has the potential to introduce new sources of growth, changing how work is done and reinforcing the role of people to drive growth in business. Accenture research on the impact of AI in 12 developed economies reveals that AI could double annual economic growth rates in 2035 by changing the nature of work and creating a new relationship between humans and machine. The impact of AI technologies on business is projected to increase labour productivity by up to 40 per cent and enable people to make more efficient use of their time. In summary, AI has tremendous potential for business growth and social transformation.
Nepal, despite being a developing country, aspire to move progressively in the world of technology and innovation. With the recently updated supportive Government Acts, Nepal has a world of possibilities for international investment and collaboration for sustainable economic development where innovative technology will play a key role. This is where AI becomes a valuable tool to support the agenda of sustainable development in business and society.
Although the potential of AI to transform business and society seems limitless, the possible threats and risks associated with it cannot be ignored. The conference will also aim to provide awareness regarding these pressing issues.
This conference will present a pioneering forum for the exchange of ideas and information between academia and industry practitioners from Nepal and the international community. The conference will also provide prospective students with a valuable opportunity to learn more about the latest developments in AI technology, its application in industry and the challenges that come along with its adoption.
My team and I take a great pleasure in inviting you to the AI conference. I look forward to welcoming you in Kathmandu in November 2019.