AI Preparedness Index for 174 countries released by IMF

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IMF said wealthier economies tend to be better equipped for AI adoption compared to low-income countries.

: The International Monetary Fund on Tuesday released its AI Preparedness Index , mapping the world’s readiness for artificial intelligence and evaluating the level of AI preparedness for 174 countries.

While AI can increase productivity, boost economic growth and raise incomes, it could also wipe out millions of jobs and widen inequality, it added. The financial agency said wealthier economies tend to be better equipped for AI adoption compared to low-income countries.

 

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