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AI offer lifeline to developing economies in an era of weak growth – World Bank
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MyJoyOnline
The greatest promise for developing countries lies not in replacing workers, but in amplifying what they can do.
“AI has thrown developing economies a lifeline, and they should seize it”, said Indermit Gill, Senior Vice President and Chief Economist of the World Bank Group.
By adapting small, low-cost AI tools to local conditions, they can bring better medical care, education, judicial services and agricultural extension within reach of millions.
AI tools can make it easier for doctors to diagnose patients, farmers to improve crop decisions, and businesses to become more productive.
Developing economies today are in the midst of their weakest average growth performance in three decades.