Breaking News

AI Preparedness Index for 174 nations launched by IMF

ISTANBUL: The Worldwide Financial Fund (IMF) on Tuesday launched its AI Preparedness Index (AIPI), mapping the world’s readiness for synthetic intelligence (AI) and evaluating the extent of AI preparedness for 174 nations.

The AIPI Dashboard tracks 174 economies based mostly on their digital infrastructure, human capital, labour insurance policies, innovation, integration and regulation, Anadolu Company (AA) reported the monetary company stated in an announcement.

Whereas AI can improve productiveness, increase financial progress and lift incomes, it may additionally wipe out thousands and thousands of jobs and widen inequality, it added.

The IMF’s analysis in January confirmed that AI may endanger 33% of jobs in superior economies, 24% in rising economies, and 18% in low-income nations.

ALSO READ: Microsoft delays rollout of AI-powered ‘recall’ characteristic

“However, on the brighter facet, it additionally brings huge potential to boost the productiveness of present jobs for which AI generally is a complementary instrument and to create new jobs and even new industries,“ stated the assertion.

The monetary company stated wealthier economies are typically higher geared up for AI adoption in comparison with low-income nations.

“Most rising market economies and low-income nations have smaller shares of high-skilled jobs than superior economies, and so will probably be much less affected and face fewer rapid disruptions from AI,“ it stated.

“On the identical time, many of those nations lack the infrastructure or expert workforces wanted to harness AI’s advantages, which may worsen inequality amongst nations,“ it added.

ALSO READ: China to dominate last day of G7, Pope to steer AI discussions

About bourbiza mohamed

Check Also

2 Hovering Synthetic Intelligence (AI) Shares That Aren’t Simply Hype

It appears that evidently all fashionable technological improvements endure a hype cycle of kinds. Essentially …

Leave a Reply

Your email address will not be published. Required fields are marked *