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New WEF Report: A Path To Inclusive Economic Growth Through AI

The World Economic Forum (WEF) has released a new report that outlines how artificial intelligence (AI) can be leveraged to foster inclusive economic growth and societal progress. While AI holds immense potential to transform economies and societies, ensuring that its benefits are shared equitably remains a global challenge. The report offers practical strategies for leaders to address equity concerns, tailor AI solutions to local needs, and drive long-term, sustainable growth for all.

Nine Strategic Objectives

The report, titled Blueprint for Intelligent Economies, was developed in collaboration with KPMG. It outlines nine key strategic objectives that support every phase of the AI journey: innovation, development, deployment, and adoption at national, regional, and global levels. As part of the WEF’s AI Competitiveness through Regional Collaboration Initiative, the report tackles disparities in access to AI, infrastructure, advanced computing, and skills. It provides actionable insights and showcases successful case studies to help governments and other stakeholders at all AI maturity levels build more inclusive and resilient AI ecosystems worldwide.

AI Strategy For Inclusive Growth

The report emphasizes the importance of designing national and regional AI strategies that engage all stakeholders, including governments, businesses, entrepreneurs, civil society, and users. These strategies, backed by high-level leadership, should be developed in close collaboration with local communities. This approach is critical to addressing issues such as responsible governance, data privacy, and the local impact of AI policies on innovation and investment.

“The significant potential of AI remains largely untapped in many regions worldwide. Establishing an inclusive and competitive AI ecosystem will become a crucial priority for all nations,” said Solly Malatsi, Minister of Communications and Digital Technologies of South Africa. “Collaboration among multiple stakeholders at the national, regional, and global levels will be essential in fostering growth and prosperity through AI for everyone,” he added.

Tailored Frameworks And Collaboration

The report draws on global expertise and provides frameworks tailored to nations at various stages of AI development. While every region faces its unique challenges, the blueprint stresses the importance of adapting successful solutions from other regions. For example, regional frameworks for sharing AI infrastructure and energy resources can help overcome national resource limitations. Additionally, centralized databanks can create inclusive local datasets that reflect the diverse needs of communities. Public-private subsidies can widen access to affordable AI-ready devices, allowing local innovators to adopt AI technologies and scale their operations.

“All nations have a unique opportunity to advance their economic and societal progress through AI,” said Hatem Dowidar, CEO of E&. “This requires a collaborative approach of intentional leadership from governments, supported by active engagement with all stakeholders at every stage of the AI journey. Regional and global collaborations remain essential to address shared challenges and opportunities, ensuring equitable access to key AI capabilities and responsibly maximizing its transformative potential for lasting value for all,” he concluded.

Elevating Infant Nutrition: Nara Organics Unveils Premium Organic Formula

The Origins Of A Vision

When Esther Hallam welcomed her daughter Nara into the world, she immediately confronted a formidable challenge: identifying a trustworthy, high-quality organic infant formula. In a U.S. market dominated by cost-cutting practices—such as the use of skim milk supplemented with oils to meet nutritional standards—Hallam observed a disconnect between established availability and uncompromised quality. Research linking corn syrup to obesity and palm oil to reduced calcium absorption only reinforced her resolve to seek a safer alternative.

Redefining Industry Standards

Frustrated by the limitations of existing options, Hallam devoted seven years to developing an organic, whole-milk formula with the expertise of leading scientists and pediatric nutritionists. Nara Organics distinguishes itself by offering the highest percentage of milk fat of any formula on the U.S. market and a significantly reduced reliance on plant-based oils. The carefully selected blend of organic sunflower, coconut, and rapeseed oils not only meets nutritional needs but also minimizes potential health risks inherent to additives like palm oil, soy, and corn syrup.

Manufacturing Excellence In Germany

Rather than manufacturing domestically—a decision influenced by previous concerns over Cronobacter contamination in American facilities—Nara Organics leverages the advanced, oxygen-controlled production environment of a German facility, widely regarded as the birthplace of powdered infant formula. Chief Marketing Officer Meika Hollender detailed that their unique manufacturing process, which minimizes oxygen exposure during can sealing, substantially extends shelf life and preserves formula integrity, setting a new standard in infant nutrition.

Strategic Investment And Market Impact

Backed by $32 million from prominent investors including AlleyCorp, BBG Ventures, Corazon Ventures, Gingerbread Capital, and Torch Capital, Nara Organics has also garnered support from high-profile celebrity investors such as Serena Williams, Gina Rodriguez, and Nicky Hilton. This robust investment positions the company at the vanguard of an organic infant formula market projected to grow from $20.7 billion in 2023 to $37 billion by 2032.

Enhancing Consumer Accessibility And Community Commitment

Nara Organics is available for purchase directly via its website, subscription models, and a dedicated mobile app that assists parents in tracking essential aspects of infant care. To underscore its commitment to community well-being, the company is donating over 1,400 cans of formula to the Good+ Foundation, which strives to alleviate multi-generational poverty by providing essential services to under-resourced families.

By merging state-of-the-art production with a commitment to organic, high-quality ingredients, Nara Organics is poised to redefine the benchmarks of infant nutrition in a competitive, evolving market.

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