AI offer lifeline to developing economies in an era of weak growth – World Bank

“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. “They do not need large models or big data centers to reap its benefits. 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. But they must hurry: AI is spreading faster and is more context-specific than earlier ...

By Charles Nixon