World Bank Urges Emerging Nations to Embrace AI Amid Weak Growth

Developing economies must move fast in adopting artificial intelligence for their governments and businesses, the World Bank said, urging countries to adapt existing tools to local needs.

By Jorgelina do Rosario

Developing countries have ‘less to fear’ from AI than rich nations

World Bank says workers in poorer economies more likely to benefit from the technology than be replaced by it

World Bank urges developing countries to embrace AI ‘lifeline’ or be left behind

The World Bank on Tuesday called on developing countries to embrace artificial intelligence technology tools to deliver better governance outcomes, warning that they risked being left behind if they failed to do so. “AI has thrown developing economies a lifeline, and they should seize it,” Indermit Gill, chief economist of the World Bank Group, said as the organisation launched its annual World Development Report. “They do not need large models or big data centres to reap its benefits,” he...

By Agence France-Presse

AI gives lifeline to developing nations in weak growth era: World Bank

Artificial intelligence could allow developing countries to achieve a century's ‌worth of development in only a decade if they act quickly on power, connectivity and skil...