Assignment | Artificial Intelligence Opportunities for Enhancing Human

Running head: ARTIFICIAL INTELLIGENCE OPPORTUNITIES FOR ENHANCING HUMAN DEVELOPMENT IN THAILAND
Artificial Intelligence Opportunities for enhancing human development in Thailand
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ARTIFICIAL INTELLIGENCE OPPORTUNITIES FOR ENHANCING HUMAN DEVELOPMENT IN THAILAND1
Abstract
This report is focused over the development of AI supported technologies for the betterment of
livelihood standards in Thailand. The focus of discussion in this report is based on the main
implementation strategies of the project and the various risks that are associated with the
implementation of the project. Risks are defined as highly critical in nature and they might cause
negative impacts towards the project. The primary part of discussion of this report discusses
about the ways in which AI could prove to be beneficial towards the growing standards of
positive impacts over the healthcare sector. The healthcare sector of Thailand currently follows
the traditional method of treatment. In this discussion, it has been discussed about the ways in
which AI could bring in successful changes towards the developmental aspects. After the
discussion over the importance of AI within the healthcare sector, the possible risks that could
approach towards the project have been clearly defined. The top ten risks that could possibly
bring in negative impacts towards the project have been clearly been identified and discussed
appropriately. These risks have been categorised based on their definition. These include
technical risks, cultural acceptance risks, change management risks, inefficiency of project
implementation and budgetary constraints. There are high chances that these risks might put a
negative impact towards the project development phase and might be a major cause for the
downfall of the project. The following parts of the report discusses about the 4 kind of strategies
based on risk management. These strategies are Risk avoidance, Risk acceptance, Risk
transference and Risk mitigation. The definition of these standards would be considered as
highly important as they clearly define some plans based on which the approachable risks could
be avoided. The report further concludes by discussing about the positive impacts that could be
made with the mitigation the risk scenarios.

ARTIFICIAL INTELLIGENCE OPPORTUNITIES FOR ENHANCING HUMAN DEVELOPMENT IN THAILAND2

ARTIFICIAL INTELLIGENCE OPPORTUNITIES FOR ENHANCING HUMAN DEVELOPMENT IN THAILAND3
Table of Contents
1. Introduction..................................................................................................................................3
1.1 Scope of the Project...............................................................................................................3
2. Discussion on Risks and Control Strategies................................................................................4
2.1 The Risk List for the Concerned Project...............................................................................4
2.2 Risk Avoidance Strategies and Methods...............................................................................8
2.3 Risk Acceptance, Transference and Mitigation Plans...........................................................9
3. Conclusion.................................................................................................................................13
References......................................................................................................................................14

ARTIFICIAL INTELLIGENCE OPPORTUNITIES FOR ENHANCING HUMAN DEVELOPMENT IN THAILAND4
1. Introduction
1.1 Scope of the Project
The use of Big Data and Artificial Intelligence could be defined as an enormous approach
towards the development aspects of the sustainability standards. This discussion would be
focused over presenting various kind of opportunities towards the development of economic
standards, living standards and highly contribute towards the vision of Thailand 4.0. This is
defined as a new based economic model that is primarily driven by creativity, innovation and
technology. With the implementation of AI supported technologies, it would prove to unlock
different benefits and unlocking the challenges faced by the country due to economic challenges
(Jones and Pimdee 2017). One of the core aspect that would be followed with the impact of
Thailand 4.0 is based on the emphasis of their objectives based on the development of new form
of S-Curve industries. The development of AI supported technologies within Thailand 4.0 would
include the investment within robotics, digital technologies and the development framework of a
medical hub.
In the recent times, the digital economy is based on the extensive support from Big Data
and AI supported technological systems. The AI systems have an immense capability of handling
large amount of unprocessed data that are gathered from a vast number of sources. However,
with the proliferation of data being collected, processed, analysed and further generation of
results, there are major challenges that are being faced by the technical experts in dealing with
certain kind of risks that are approaching towards the systems (Ziuziański, Furmankiewicz and
Sołtysik-Piorunkiewicz 2014). This discussion is focused over the various kind of risks that are
being generated with the implementation of AI supported technologies. Different risks based on

ARTIFICIAL INTELLIGENCE OPPORTUNITIES FOR ENHANCING HUMAN DEVELOPMENT IN THAILAND5
financial constraints, technical difficulties during the process of implementation, project
scheduling and many other highly contribute towards negative aspects growing over the project.
The following sections of the report would thus be focusing over the topmost risks, which
might affect the development systems of AI supported technologies. AI has immense power to
transform the economic condition of Thailand and hence the investor and other stakeholders
involved with the development of the project should make efficient measures (Cutamora 2018).
These measures should be highly focused over discussing the scenarios caused by risks, the
likelihood and impact of risks and the implementable mitigation approaches towards the risks.
There would also be a major consideration of different strategies based on risk avoidance, risk
acceptance, risk transference and risk mitigation. Based on discussing over these aspects, the
development controls would also be need to be focused.
2. Discussion on Risks and Control Strategies
2.1 The Risk List for the Concerned Project
The World Bank has taken the primary responsibility to bring in a sustainable culture
with the use AI in the purposes of human development in various areas of Thailand. With the
implementation of this technology, there would be a massive achievement of business goals
based on decreasing the levels of poverty while also increasing welfare and prosperity in the
livelihood standards (Ongkasuwan and Sookcharoen 2018). On a further in-depth study of the
implementation schemes and the areas in which AI would be implemented, it can be discussed
that the massive technological innovation would be implemented within the public healthcare
sector. This discussion is focused over the implementation of Health Service Prioritization Tool
that would be supported by AI technology in order to bring in massive gains for the outputs.