The world is familiar with artificial intelligence (AI) models such at ChatGPT. These “foundation models” have triggered global excitement and interest in AI. A next step in this journey is sector-specific AI models that can be tailored for specific industries.
For example, an AI-driven solution, “Agrepreneur”, has developed an AI-powered agri-fintech platform that provides real-time advice to smallholder farmers on farm management, including how they could optimize available resources and prevent crop disease. Sector-specific AI models can be particularly useful for Asia and the Pacific region, which is highly vulnerable to extreme weather events due to climate change.