None
EN
AI – A Lifeline To Developing Economies Facing Weak Growth – World Bank
['Hill Post Staff', 'Gautam Oberoi', 'Raakesh Datta']
Hill Post
Amid the weakest average growth in three decades, AI offers developing economies a powerful path forward.
Productivity Boost: 16.2% of jobs in developing countries could see meaningful productivity gains, rivalling the 18.7% projected for advanced economies.
“AI has thrown developing economies a lifeline, and they should seize it,” said Indermit Gill, Chief Economist of the World Bank Group.
Local Data & Compute: Scaling computing power and creating datasets in local languages.
“Developing countries that build the foundations now will be positioned to adopt and adapt AI for their people.”