IBOV 206,220.24 ▲ 0.94% IPSA 11,051.06 ▲ 0.24% IPC MEX 64,986.91 ▲ 0.52% MERVAL 2,832,472 — 0.00% COLCAP 2,525.90 ▼ 0.36% BVL PERÚ 60,766.81 ▼ 1.71% USD/BRL4.99▼ 0.71% USD/MXN18.25▲ 0.29% USD/CLP977.38▼ 0.16% USD/COP3,208▼ 1.20% USD/PEN3.43▼ 0.42% USD/ARS1,517— 0.00% USD/UYU40.21▲ 3.49% USD/PYG5,676▲ 0.52% USD/BOB11.77▲ 1.12% USD/DOP61.17▲ 1.61% USD/CRC450.81▲ 1.91% USD/GTQ7.64▲ 3.27% USD/HNL26.86▲ 3.27% USD/NIO36.62▲ 0.31% USD/VES873.46▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.75▲ 2.74% EUR/BRL5.58▼ 0.65% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 206,220.24 ▲ 0.94% IPSA 11,051.06 ▲ 0.24% IPC MEX 64,986.91 ▲ 0.52% MERVAL 2,832,472 — 0.00% COLCAP 2,525.90 ▼ 0.36% BVL PERÚ 60,766.81 ▼ 1.71% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Brazil Business - Brazil

Brazil, Chile, and Peru lead in making AI rules in LatAm

By · August 30, 2023 · 2 min read

Brazil, Chile, and Peru lead in making rules for artificial intelligence (AI) among the biggest economies in LatAm.

Latin America has trouble using AI technologies and is behind in making laws in some places.

The Latin American AI Index (ILIA) checks the rules for AI in 12 Latin American countries.

ILIA looks at three things: specific AI rules, related laws, and trying out new rules.

Most countries (11 out of 12) have made progress in rules for data protection and online safety.

Brazil, Chile, and Peru lead in making AI rules in LatAm.
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However, problems and challenges exist in making specific AI rules and trying out new ones.

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Workers in Latin America are behind in AI. Fewer people in Latin America (2.16%) have tech skills related to AI compared to the rest of the world (3.59%).

Brazil and Colombia have the highest scores (100 each) in making rules, followed by Chile and Peru (75).

The average score in Latin America is 54.17, while Ecuador, Panama, and Uruguay have the lowest scores (25 each).

Bolivia has a score of 0. Only Brazil, Chile, and Peru have specific rules related to AI.

Brazil has a data protection law, online safety, and computer crime laws and is trying out new rules.

Chile and Peru are working on AI rule bills and have tried out new rules before. Despite its high score, Colombia does not have a specific law for using AI.

The report looks at factors that help research, development, and use and how countries are managed.

Chile scored the highest (89.48) in planning and organizing related to AI, higher than the world average (33.68).

Chile was first (84.1) in using AI, followed by Uruguay (69.4). Uruguay leads with 83.6 points in creating and developing AI, followed by Chile with 41.9.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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