“Out of the 2 billion people who are left out of the global financial system, two-thirds of those are farmers. Imagine using generative AI for a very small one-acre farm. All of a sudden you can have crop-specific advice, soil conditions for that farm, cloud coverage, local government incentives for those crops, and then you can provide working capital – all on an app. All of these algorithms are enormously powerful, but they can also be biased. They can bring people in, and they can also bring people out.” At Web Summit Rio, our CEO Michael Schlein spoke with Gabriela Ruggeri of Kamay Ventures, Juan Pablo Ortega of Yuno, and Leo Branco of EXAME about innovations in the fintech landscape.
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