The World Bank argues that developing economies have more to gain and less to lose from artificial intelligence than richer ones, while warning that their window to embrace the technology is narrow, according to reporting on Tuesday.
The topic covers how artificial intelligence reaches economies outside the rich world, and whether they capture its gains or fall further behind. On one side stand development institutions such as the World Bank, which assess the technology's potential for these countries; on the other, the constraints those economies face in adopting it.
Developing economies have more to gain and less to lose from artificial intelligence than richer ones, the World Bank said in findings reported on Tuesday by the Wall Street Journal. The National reported that the bank also warned those countries have only a narrow window to embrace the technology.