The Pivot Fund reflects Innovative AI-related work from El Toque

October 30, 2024

El Toque, a leading Cuban exile news outlet, is pioneering the integration of artificial intelligence (AI) to enhance economic transparency for citizens grappling with Cuba’s complex financial landscape. The outlet has launched an innovative AI-driven currency exchange calculator, providing real-time information on informal exchange rates amid the country’s dual-currency system and persistent inflation. This crucial tool empowers Cubans to make informed financial decisions, facilitating access to reliable data in a market often clouded by uncertainty and government restrictions.

As many Cubans increasingly rely on informal markets for transactions, El Toque’s calculator is filling a critical gap in access to accurate financial information. By harnessing AI technology, the outlet not only aids individuals in managing their finances but also plays a vital role in fostering economic literacy and accountability within a repressive environment. The initiative demonstrates the power of exiled media to create solutions that meet urgent local needs while challenging the official narrative disseminated by the Cuban government.

Through this innovative approach, El Toque is not just reporting the news; it is actively shaping the economic landscape for Cubans both on the island and in the diaspora. By providing essential resources and insights, the outlet is proving that independent journalism can thrive, even in the face of adversity, ultimately contributing to a more informed and empowered citizenry.

Created with information from: The Pivot Fund

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