World Bank Warns Developing Countries to Embrace AI or Be Left Behind
The report says 6.8 billion people in developing countries need low-cost AI adapted to local needs, with investments in power, connectivity and skills.
- On Tuesday, the World Bank released a report urging developing countries to adopt localized AI tools, arguing such action could accelerate a century's worth of development in just one decade.
- Developing economies currently face their weakest average growth performance in three decades, with the World Bank labeling recent years a "lost decade" following successive economic shocks.
- World Bank chief economist Indermit Gill stated nations should adapt low-cost AI to local conditions rather than building costly infrastructure, since 83 percent of humanity resides in developing regions.
- Generative AI threatens 14.2% of jobs in rich nations versus 4.5% in low-income countries, though the report warns AI could deepen inequality, erode privacy, and enable political repression.
- Report director Gaurav Nayyar emphasized "the window to get this right is narrow," urging policymakers to prioritize electricity access and public trust to address longstanding development challenges.
60 Articles
60 Articles
Everyone talks about artificial intelligence (AI) and how to apply it in any field. The World Bank (WB) has published its “World Development Report 2026: The Promise of Artificial Intelligence,” which points out that developing countries could get a lot out of it...
Artificial Intelligence (AI) can help developing countries to do what, without it, would take a century to do, says a study by the World Bank. To do this, governments need to act with determination to avoid failures that can leave them behind in issues such as energy, connectivity, training and institutional qualification. The report The Promise of Artificial Intelligence – notes that jobs in high-income countries are more than three times at ri…
According to a World Bank survey, workers in richer parts of the world, such as Europe or the US, have to be significantly more concerned about their jobs because of the use of artificial intelligence (AI) than those in poorer countries. The risk of automating their work is more than three times as high as in low- and medium-income countries, according to a report from the Institute. 14.2 percent of jobs in richer countries are at risk from AI u…
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