World Bank Warns AI Might Halt Development

A report by the World Bank states that artificial intelligence can enable developing countries to achieve a century’s worth of development within a decade, provided they avoid gaps in energy, connectivity, and digital skills development. It also emphasizes that adapting small-scale, low-cost AI tools can improve education, healthcare, and agricultural services for developing communities, while reducing costs associated with building data centers and the energy required for them. The report warns that missing this opportunity will be very costly for developing countries, especially after modern economies paid the price for previous industrial revolution opportunities. Additionally, it notes that the percentage of jobs at risk in developing countries is lower (4.5%) compared to wealthy nations (14.2%), and stresses the importance of enhancing access to the internet, energy, and digital skills to prevent widening inequalities and the spread of misinformation.

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