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According to a Bloomberg report, the Maltese telecom company, GO plc is capitalizing on artificial intelligence. The company utilizes AI to handle daily tasks in areas such as marketing, coding, and legal contract drafting.&nbsp; 
The <a href="https://www.bnnbloomberg.ca/a-tiny-mediterranean-island-wants-a-piece-of-the-global-ai-frenzy-1.2077047" rel="nofollow noopener" target="_blank">report</a> stated that GO plc plans to require its employees to use generative artificial intelligence for productivity purposes. GO plc utilizes AI to create 20% of its marketing content and write 30% of its code. In the legal department, AI drafts contracts; however, the company still relies on humans to proofread and vet the contracts.&nbsp; 
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<h2 id="span-style-font-weight-400-malta-lacks-talent-span">Malta Lacks Talent</h2> 
Finding the right talent and the required professional skills in Malta is challenging. The island has a land mass of 316 km2 (122 sq mi) and 536,740 residents. It has a low <a href="https://nso.gov.mt/unemployment-rate-jan-feb-2024-2/#:~:text=In%20February%202024%2C%20the%20monthly,stood%20at%203.1%20per%20cent." rel="nofollow noopener" target="_blank">unemployment rate</a> of 3.2%, and the current workforce requires crucial up-skilling and reskilling. 
GO plc uses AI heavily due to the shortage of talent on the Mideatrian island. The CEO of GO plc, Nikhil Patil, said that: 
<blockquote>
 “We are short of lawyers, accountants and coders. Only artificial intelligence can help us escape the talent curse.”
</blockquote> 
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<figure id="attachment_531042" aria-describedby="caption-attachment-531042" style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" class="wp-image-531042 size-full" src="https://www.cryptopolitan.com/wp-content/uploads/2024/05/Screenshot-2024-05-24-at-5.00.27-PM.png" alt="Telecom Company in Malta Capitalizes on Artificial Intelligence" width="1878" height="630" srcset="https://www.cryptopolitan.com/wp-content/uploads/2024/05/Screenshot-2024-05-24-at-5.00.27-PM.png 1878w, https://www.cryptopolitan.com/wp-content/uploads/2024/05/Screenshot-2024-05-24-at-5.00.27-PM-300x101.png 300w, https://www.cryptopolitan.com/wp-content/uploads/2024/05/Screenshot-2024-05-24-at-5.00.27-PM-1200x403.png 1200w, https://www.cryptopolitan.com/wp-content/uploads/2024/05/Screenshot-2024-05-24-at-5.00.27-PM-768x258.png 768w, https://www.cryptopolitan.com/wp-content/uploads/2024/05/Screenshot-2024-05-24-at-5.00.27-PM-1536x515.png 1536w" sizes="(max-width: 1878px) 100vw, 1878px">
 <figcaption id="caption-attachment-531042" class="wp-caption-text">
 A chart showing the population increase in Malta over time. Source: <a href="https://www.macrotrends.net/global-metrics/countries/MLT/malta/population-growth-rate#:~:text=The%20current%20population%20of%20Malta,a%202.21%25%20increase%20from%202020." rel="nofollow noopener" target="_blank">Macrotrends</a>
 </figcaption>
</figure> 
According to a recent <a href="https://www.smechamber.mt/wp-content/uploads/2024/05/SME-Barometer-Q1-2024-Deailed-Report.pdf" rel="nofollow noopener" target="_blank">report</a> by the Malta Chamber of SMEs and MISCO, 43% of small and medium-sized enterprises (SMEs) have said that talent shortage is a critical issue. Additionally, 14% of Malta’s SMEs said a skill mismatch issue exists. 
The Maltese government has a national AI vision focused on three pillars. These pillars are investments in startups, public sector adoption, and private sector adoption. GO plc implements the Maltese government’s AI vision by relying heavily on AI technology.&nbsp; 
<h2 id="span-style-font-weight-400-malta-embraces-ai-technology-span">Malta Embraces AI Technology</h2> 
In 2019, Malta released a <a href="https://www.mdia.gov.mt/wp-content/uploads/2023/04/Malta_The_Ultimate_AI_Launchpad_2030.pdf" rel="nofollow noopener" target="_blank">document</a> titled Malta—The Ultimate AI Launchpad. The document is part of their national AI vision. The Mediterranean island nation noted education and workforce as enablers of the national AI vision pillars. 
Regarding education, Malta plans to build an AI-powered adaptive learning platform. Additionally, the country will use AI to analyze insights and recommend actions to improve the education system.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Artificial intelligence will largely affect our future. But if only a few understand AI, just a tiny few of the world’s population get to affect the future. Elements of AI-, A 🆓 online course in 🏴󠁧󠁢󠁥󠁮󠁧󠁿 English &amp; 🇲🇹 Maltese. Start learning t <a href="https://t.co/qLJMfyJd9F" rel="nofollow" target="_blank">https://t.co/qLJMfyJd9F</a> <a href="https://t.co/AHUHkQZh3f" rel="nofollow" target="_blank">pic.twitter.com/AHUHkQZh3f</a> 
 — eSkills Malta Foundation (@eSkills_Malta) <a href="https://twitter.com/eSkills_Malta/status/1773288933909999721?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">March 28, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
The Maltese government plans to upskill and equip the workforce with digital skills. First, it will launch a reskilling program to help workers develop new digital skills. Second, it will help employers to invest in training programs. At the moment, the eSkills Malta Foundation has various <a href="https://eskills.org.mt/training-offer/?search_term=&amp;field_digital_technology%5B%5D=http%3A%2F%2Fdata.europa.eu%2Fuxp%2F3030&amp;field_is_free=&amp;field_training_start_date=&amp;submitSearch=Search" rel="nofollow noopener" target="_blank">certifications and courses</a> in artificial intelligence.&nbsp; 
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<h2 id="span-style-font-weight-400-malta-commits-to-ai-span">Malta Commits to AI</h2> 
Last year, the prime minister Robert Abela visited SmartCow, a local company specializing in artificial solutions. At the end of his visit, he said, “Such companies are preparing Malta for the future.” 
He emphasized the important role of the artificial intelligence industry and the high-quality jobs it creates. Dr Abela encourages citizens to consider careers in the AI sector. He also pledged that the government will provide incentives for people who work in sectors that society needs the most. 
Cryptopolitan reporting by Randa Moses

Telecom Company in Malta Capitalizes on Artificial Intelligence

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