AI offers 'lifeline' for emerging economies, World Bank says

Economic Times Techen

AI offers 'lifeline' for emerging economies, World Bank says

Artificial intelligence can accelerate developing nations' progress by a century within ten years. Emerging economies face fewer job threats from AI compared to wealthier countries. These nations have more to gain and less to fear from the AI revolution. However, governments must address power, connectivity, and skills to seize this opportunity. Missing this technological shift carries severe economic consequences for developing economies.

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