Harnessing AI For Türkiye’s Economic Growth!

Richard Foster-FletcherJune 6, 2024

At the AI [Tomorrow Summit] 2024, I had the honour of discussing the transformative potential of Artificial Intelligence for Türkiye’s economy, particularly focusing on the role of generative AI.

I’m very happy to be able to share my full talk. Here are the key points from my keynote:

Generative AI and SMEs
– Transformative Force: Generative AI is pivotal for Türkiye’s 3.2 million small and medium enterprises (SMEs), which make up 99.8% of businesses.
– Economic Impact: By enhancing automation, personalisation, and productivity, AI can potentially boost Türkiye’s GDP by $45 billion.

The Importance of Upskilling
– User-Friendly Tools: Tools like ChatGPT are accessible but require guidance for effective use.
– Empowerment: Providing clear pathways and understanding the risks and opportunities associated with AI is crucial for SMEs.

Ethical Considerations and Data Sovereignty
– Local AI Models: Developing AI models and frameworks that respect Turkish customs and ensure data privacy is essential.
– Mitigating Risks: Addressing data sovereignty and cultural relevance will promote a more inclusive AI ecosystem.

Future of Jobs and Education
– Job Market Impact: AI will create new technical roles but may displace less technical positions.
– Educational Focus: Robust education and reskilling programs are needed to bridge the skills gap and prepare graduates for the evolving job landscape.

Encouragement and Empowerment
– Support for SMEs: Encouragement and clear communication are key to helping SMEs integrate AI effectively.
– Pathways to Integration: Providing straightforward pathways will enable businesses to leverage AI to its fullest potential.

Call to Action
Embracing AI with a considered and ethical approach will drive Türkiye’s economic growth and innovation. Stakeholders are encouraged to engage with these discussions, understand the implications, and take proactive steps towards integrating AI responsibly.

Special Thanks and Congratulations

Congratulations to Zafer Küçükşabanoğlu, Gökhan Varan, İlayda Sümen, Gozde A., Ulas Malli and many others for organising such an impactful event.

Thank you to my fellow contributors and collaborators: Payton Dobbs, Daniel Rodríguez Sierra, Fabio Ardossi, Hasan Soydan, PhD(c), Levent Dinckal, Hazel Sheryll Reambillo, Aleksandra Hadzic.

Follow MKAI.org for more insights and analysis on AI and its impact on society.

Written by

Richard Foster-Fletcher

Richard stands at the forefront of ethical artificial intelligence as an AI Advisor, Author, Speaker, and LinkedIn Top Voice. He is the visionary behind MKAI.org (Morality and Knowledge in Artificial Intelligence), an initiative dedicated to fostering AI’s responsible development and application. Through his stewardship of the Boundless Podcast, Richard delves into discussions about AI inclusivity and digital ethics, contributing to a more equitable technological future. His profound insights have illuminated lecture halls at globally renowned institutions, including the London School of Economics (LSE), University College London (UCL), Oxford University, and Imperial College London, guiding the next generation of tech leaders.

Follow Me

Richard’s keynote at our recent EMEA Conference was both enlightening and engaging. His presentation, “AI in Action – Balancing Innovation and Integrity in Decision-Making” adeptly addressed the complex interplay of AI innovation and ethics, enhancing our understanding of these critical issues. Richard combined humour and humility to make the intricate topics of bias and the future of work approachable, while his interactive style enriched our session. We are grateful for his significant contribution to the conference and for advancing the conversation on ethical AI.

Megan Hendricks, Executive Director, MBA Career Services & Employee Alliance

I thoroughly enjoyed my recent conversation with Richard Foster-Fletcher. His thoughtful approach to the important intersections of AI, ethics, and education allowed us to explore critical issues in a way that was both engaging and insightful. Richard brings a unique perspective to these discussions, and I appreciated the depth and clarity with which he led our conversation.

Dan Ariely, Professor of psychology and behavioral economics at Duke University

Richard delivered an insightful and thought-provoking talk on the expansive implications of artificial intelligence on society, the future of work, and ethical considerations. His ability to articulate complex concepts in an accessible manner prompted a dynamic and engaging discussion among attendees. Richard’s presentation not only highlighted the potential risks and rewards of AI adoption but also encouraged a deeper understanding of its impact. The session was very well-received, sparking meaningful dialogue and a multitude of questions from an engaged audience. We are appreciative of Richard’s contribution to our event and his role in advancing the conversation around AI. His expertise and passion for the subject matter were evident and greatly appreciated by all participants.

Andy Murray, Executive Director at Major Projects Association

Richard provided an excellent platform for our discussion, skillfully getting to the heart of the matter and allowing me to share my views effectively. His thoughtful questions, combined with a warm and engaging manner, made for a truly insightful conversation. I appreciated his genuine interest and the respectful way he facilitated our discussion.

Sir Anthony Seldon, Author, Historian and Educator

The physicist John Wheeler once remarked, “We shape the world by the questions we ask.” If that’s so, then Richard is shaping the world. I had the pleasure of joining him as a guest on his podcast and was *profoundly* impressed with the depth, generosity and thoughtfulness of his questions. He’s a star!

Andrew Zolli, Chief Impact Officer at Planet

Richard Foster-Fletcher delivered a truly engaging and thought-provoking keynote at the AI Tomorrow Summit 2024 in Türkiye. His insights into the transformative potential of AI for Türkiye’s economy were both enlightening and impactful. Richard’s emphasis on the pivotal role of generative AI for SMEs, the importance of upskilling, and ethical considerations in AI development resonated deeply with our audience. His ability to articulate complex concepts with clarity and relevance made the session highly valuable. AIPA were thrilled to have Richard speak and look forward to future collaborations.

Ulas Malli, Board Member, AIPA

Richard has the unique ability to bring out the best in a person. He has three rare qualities to achieve that: incredible empathy, a deep cultural background, and an open mind second to none! I’ve been interviewed all my life on national television, radio, newspapers, conferences, and podcasts. Richard tops them all! He pierces right through the surface with his eagle vision into the core of how we perceive life. My mind sees connections everywhere and in everything. Richard sees that in everybody. Do not miss a chance to sit down and talk with Richard! You will probably learn incredible things about yourself, your work, and the world! Talking with Richard will take you to the next level.

Denis Rothman, AI Expert & Ethicist | Author & Speaker

Richard Foster-Fletcher is an asset to humanity. He brings intelligence and heart to our ever-changing future. He’s a team player who cares about people and their important role on the planet as stewards for future generations. He is a great communicator and thinks outside of the box when creating solutions to difficult problems. Richard also sees the value in healthy partnerships when expanding new ideas. It’s an honor to work with Richard.

Laura Cox, Executive Producer

Richard delivered a truly engaging and thought-provoking session at our Director As Strategic Leader programme. His insights into the opportunities and challenges of AI were both enlightening and inspiring. Richard highlighted the need to channel AI advancements into creating new roles and fostering grassroots innovation, emphasising the importance of responsible AI development. His ability to articulate complex concepts in an accessible manner made the session highly impactful. Richard’s emphasis on transparency, accountability, and aligning AI with human values resonated deeply with our participants. We were delighted to have him speak and look forward to future collaborations.

Graham Bell, Director of Digital Education at Cranfield School of Management

Richard is a thorough professional who takes his work seriously, is knowledgeable and possibly the best at spreading the word about AI. Richard’s probing questions about this subject, make you think. He gets the best out of you!

Nikhil Malhotra, Chief Innovation Officer, Tech Mahindra