Status : Verified
| Personal Name | Cuyos, Marie Khristine C. |
|---|---|
| Resource Title | The future technologies of the Bangko Sentral ng Pilipinas through technology scouting and scenario building, prospects, and strategies |
| Date Issued | 04 April 2025 |
| Abstract | With the establishment of a national AI policy in 2021, the Philippines aims to enhance innovation and government operations. However, data privacy concerns and regulatory challenges hinder full AI implementation. This study investigates AI adoption in Bangko Sentral ng Pilipinas (BSP) through scenario-building and technology scouting, addressing three research questions: (1) What future scenarios reflect AI adoption in the BSP? (2) What challenges and pitfalls arise in AI implementation? (3) What scenarios can guide policymakers in drafting AI-related policies? Through qualitative methods and a ten-stage scenario-building approach, the gathered data was utilized to develop scenarios reflecting AI adoption, addressing challenges, and guiding policymakers in drafting AI-related policies. Results revealed that the key scenarios, Time to Consider, No Guts, No Glory, and Input and Output, demonstrated the need for careful planning, innovative transformation, and ongoing adaptation. These scenarios illustrate how AI can balance innovation and legal compliance. Additionally, proposed targeted solutions like technological foresight and third-party monitoring are essential to bridge identified gaps. In conclusion, this study provides strategies for BSP to enhance AI adoption while navigating challenges such as data security and privacy. Using scenario-building proves valuable for understanding the complexities of AI integration in central banking. |
| Degree Course | Master of Technology Management |
| Language | English |
| Keyword | Future technologies; Artificial Intelligence; Foresight; Scenario building; Central Bank |
| Material Type | Thesis/Dissertation |
Preliminary Pages
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Category : P - Author wishes to publish the work personally.
Access Permission : Limited Access