RF Economic Outlook conference delivers insights on artificial intelligence and global challenges

The Climate Resilience panel discussion at the RF Economic Outlook conference.

The annual RF Cayman Economic Outlook Conference, held on March 15 at the Kimpton Seafire Resort, welcomed UCCI students and faculty in addition to the usual audience of decision makers. The conference served as a platform for international experts to delve into critical issues facing the global economy, with a particular focus on the transformative potential of artificial intelligence (AI).

RF Bank & Trust sponsored tickets for the students, acknowledging the event as an opportunity for the next generation to gain insights as to “what’s next” for the business world.

Five international speakers covered a spectrum of topics ranging from climate change to geopolitics. However, the prevailing theme throughout the event was undeniably the impact of AI on both global and local economies, in the immediate and foreseeable future.

The event commenced with David Slatter, VP of Investments at RF Bank & Trust, welcoming the diverse audience comprising government officials, business leaders, and students, underscoring the conference’s broad relevance and significance. This was followed by opening remarks from MIISD Chief Officer, Tamara Ebanks, setting the tone for a day of insightful discussions.

Key takeaways emphasized the irreversible presence of AI in the business landscape, urging companies to embrace the technology to maintain competitiveness. Speakers reiterated the indispensable role of humans in the workplace, emphasizing the need for ethical development and deployment of technological advancements. Moreover, the conference spotlighted the urgency of addressing the ongoing climate crisis, stressing the accountability of first-world nations for its repercussions on developing countries.

Highlights of the event included a panel discussion featuring Ecologist Chris Heider; former Minister for St. Lucia, Dr. James Fletcher; and Dart Energy & Sustainability Manager Ahmed Elsheshtawy moderated by Reshma Ragoonath. Additionally, keynote presentations by thought leaders Kevin Surace, Rumman Chowdhury, Anu Bradford, Dr. Fletcher, and Jerome Rand offered insights into pressing global issues.

The success of the RF Economic Outlook Conference was made possible through the generous support of event sponsors: Dart, Overseas Asset Management, Vanguard and, eCapital.

For more information about the event, please visit www.rfceo.ky.

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