WORLD BANK URGES DEVELOPING COUNTRIES TO EMBRACE AI ‘LIFELINE’ OR BE LEFT BEHIND

The World Bank on Tuesday called on developing countries to embrace artificial intelligence technology tools to deliver better governance outcomes, warning that they risked being left behind if they failed to do so. “AI has thrown developing economies a lifeline, and they should seize it,” Indermit Gill, chief economist of the World Bank Group, said as the organisation launched its annual World Development Report.

News - South China Morning Post reports that the World Bank on Tuesday called on developing countries to embrace artificial intelligence technology tools to deliver better governance outcomes, warning that they risked being left behind if they failed to do so.

The report adds: “AI has thrown developing economies a lifeline, and they should seize it,” Indermit Gill, chief economist of the World Bank Group, said as the organisation launched its annual World Development Report.

“They do not need large models or big data centres to reap its benefits,” he...

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