CNBC Africa·3 min read·medium
AI offers ‘lifeline’ for emerging economies, World Bank says
R
Reuters
✦AI Summary
A new World Bank report suggests that artificial intelligence could significantly accelerate development in emerging economies by improving access to services like healthcare and education. The report notes that these nations face lower risks of AI-driven job displacement compared to wealthier countries.
LONDON, Aug 4 (Reuters) – Artificial intelligence could enable developing countries to gain a century’s worth of development in a decade if they act quickly on power, connectivity and skills gaps, the World Bank said in a report on Tuesday.
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