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How AI/ML is helping to eradicate poverty

June 18, 2019

Via: CIO

Outside the US, the definition of poverty is income of $1.50 a day or less per individual. In the United States the definition of poverty is income less than $34 per day per individual or a family of four with income less than $69 per day. After much research, experts have agreed that low income is only one indicator of poverty and a more accurate indicator is the measurement of consumption. It is necessary to fully understand what factors affect well-being therefore measuring consumption was determined a more accurate indicator of poverty.

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