KPMG inspires next generation with Youth Empowerment AI Hackathon
KPMG announces their global Youth Empowerment AI Hackathon supported by Microsoft, Enactus and UNESCO, will take place February 26-27, 2022. It is being organized within the framework of UNESCO’s Global Education Coalition and launched as a response to the ongoing Covid-19 pandemic. “Focused on young people and students aged 18-25, the event forms part of KPMG’s ongoing commitment to enable young people everywhere to possess the skills they need to become future-ready. It’s an exciting time.” said Troy Dort, Director, IT Advisory Services.
With global youth unemployment almost three times higher than that experienced by the over 25s1, the number of young people around the world not in employment, education or training is expected to increase to approximately 273 million in 20212. Participating students will be supported to foster a technical and social understanding of AI and encouraged to develop ideas that will economically empower underserved communities of young people across the globe.
Charles Thresh, Managing Director, Co-lead KPMG IMPACT, says “The pandemic and subsequent health challenges around the globe have exacerbated the learning and job crisis with young people, women and girls, and underserved communities suffering disproportionately. It’s important that KPMG uses resources and expertise to help our local communities and I am proud that we have been able to support this initiative that has young people developing solutions to help people their age.“
Participants from across the globe will each receive an intensive weekend of training on the fundamentals of data analytics and AI with volunteer technical tutors and business mentors from KPMG and Microsoft providing support throughout the experiential learning process as they develop and apply new AI skills. Using curated global data sets on education, skills and jobs, the student teams will make AI predictions on how KPMG, Microsoft, UNESCO, Enactus can most effectively economically empower young people from underserved communities. To further empower future generations, Microsoft, KPMG, and UNESCO will work together to organize a new series of Imagine Cup Junior Virtual AI Hackathons for students aged 13 to 18 years old from around the world, including an event dedicated to young women to be held in March.
After the hackathon, all participating students will be offered a KPMG mentor to support them as they journey along their learning pathway and progress from student to the workforce.
“By adopting an approach developed by the hackathon participants we can uphold and support young people’s human right to education and build more inclusive prosperity as envisaged by the Sustainable Development Goals,” said Serena Brown, Global Head of Corporate Citizenship. “Sadly, too many young people today are deprived of equity and opportunity, however many can still be innovative agents of change, and KPMG is committed to support and empower as many of them as we possibly can.”
The winner, announced on March 23, 2022 will be selected by a panel from KPMG, Microsoft and other leading organizations, with the winning idea taken forward for development through KPMG: Our Impact Plan.