AI can help developing economies achieve century's progress in a decade if governments act now: World Bank
New Delhi, Aug. 5 -- Artificial intelligence (AI) could enable developing economies to achieve in a decade what might otherwise take a century, provided governments move quickly to bridge gaps in electricity, internet connectivity, skills and institutional capacity, the World Bank said in its World Development Report 2026: The Promise of Artificial Intelligence.
The report said AI presents a significant opportunity for developing countries to accelerate economic growth and improve the delivery of public services at a time when these economies are experiencing their weakest average growth performance in three decades.
According to the report, only 4.5 per cent of existing jobs in low- and middle-income countries are at risk of automation...
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