AI in the Rural Economy
Joby, CEO of Kivi, revealed how his company moved AI from a trend to a core part of their operations, using it for everything from credit decisions to field data validation.
Joby, CEO of KiVi (https://agrosperity.com), discussed his company's journey with artificial intelligence, noting that what was once considered a fad is now a deeply integrated part of their operations. He explained that AI helps optimise key processes, such as validating pictures sent from their field teams and making more accurate credit decisions.
According to Joby, AI is transforming credit assessment by moving past old, rule-based systems. It's now capable of learning patterns and relationships directly from credit reports and market data, leading to smarter and more reliable lending. This subtle integration of AI into backend processes is a powerful example of how technology can drive efficiency in even the most traditional sectors.
Watch his thoughts on the topic here.