Artificial Intelligence in the Global Arena: Turkey's Position and Potential
- Impact Boards EM
- Apr 30
- 2 min read
Hande Ocak Basev
Managing Partner - WSI Digital Consulting
April 2025
When examining the innovation cycles throughout human history, we can observe how technological breakthroughs have transformed societies and economies during specific periods. One such period is undoubtedly the artificial intelligence era we're currently experiencing. Google CEO Sundar Pichai emphasizes the significance of AI by stating that "Artificial intelligence is as important for humanity as the discovery of fire or the invention of electricity." Unlike previous technologies, AI has the potential to fundamentally change not only business processes but also our ways of thinking and decision-making.
AI represents a revolutionary leap because it enables us to develop systems equipped with human-like thinking, learning, and analytical capabilities. These features drive the continuous growth of the artificial intelligence market, with many countries investing in this technology to accelerate their economic and social transformations.
With the National Artificial Intelligence Strategy published in 2021 and covering the years 2021-2025, Turkey announced its aim to be among the leading countries in the field of Artificial Intelligence and to actively participate in global competition. The announced strategy aims to encourage applications in the areas of human capital, research, entrepreneurship, infrastructure, data quality, ethics, and secure artificial intelligence.
The fact that creative AI continues to have a strong impact in every sector and could contribute approximately $4.4 trillion annually to the global economy also highlights the need for leaders in companies to use these tools not only for efficiency but also to create new business models and revenue streams.
For boards of directors, the implications are clear. As AI becomes increasingly embedded in business operations and strategy, boards must develop a deeper understanding of these technologies to effectively oversee their implementation and associated risks. This includes:
● Strategic oversight: Ensuring AI initiatives align with overall business strategy and create sustainable value.
● Risk governance: Understanding and mitigating risks related to AI, including ethical concerns, regulatory compliance, and potential biases.
● Talent strategy: Overseeing the development of AI capabilities within the organization and the acquisition of necessary talent.
● Infrastructure investment: Making informed decisions about investments in AI technology and infrastructure.
As we navigate this transformative period, boards that proactively address these considerations will be better positioned to guide their organizations through the opportunities and challenges presented by artificial intelligence, both in Turkey and globally.
Read the full article here.
