AI can give developing countries 100 years of growth in 10 years: World Bank
AI can give developing countries 100 years of growth in 10 years: World Bank According to the World Bank, artificial intelligence (AI) can enable developing countries to achieve a century of development within just a decade. According to the report released by the World Bank on Tuesday, this achievement can be achieved if the shortage of electricity, internet connectivity and necessary skills can be addressed quickly. According to the report, the risk of widespread job losses due to AI is relatively low in emerging economies . The World Bank has concluded that countries with developing economies can benefit more from AI than rich countries and have less to fear. "AI presents a huge opportunity for developing economies and they should not miss it," World Bank Chief Economist Indramit Gill said in a statement accompanying the report. Companies around the world are investing billions of dollars to benefit from the potential AI revolution. In addition, the governments of vario...