The World Bank said artificial intelligence (AI) could be a 'lifeline' for emerging economies. This was reported by Qazaqyia.kz citing Reuters.
Bank experts believe AI technologies can boost productivity and bring breakthroughs in areas such as healthcare, education, and agriculture. However, they also warn of the risk of widening technological gap.
The report emphasizes the need for investment in infrastructure, development of digital skills, and improvement of regulatory environment to effectively use AI. Helping developing countries harness AI's benefits is called an important step towards reducing global inequality.