IMF scores Nigeria low in AI preparedness index

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Latest report by the International Monetary Fund (IMF) has ranked Nigeria low in provision of digital infrastructure

Latest report by the International Monetary Fund has ranked Nigeria low in provision of digital infrastructure for the deployment of Artificial Intelligence technology.

The report, obtained by The Guardian, scored Nigeria 0.34 points, South Africa 0.35, Benin 0.36, Tunisia, 0.47, Ghana 0.43, Angola 0.26, Zambia 0.37, Algeria 0.37 among other African nations. Disclosing that wealthier economies tend to be better equipped for AI adoption than low-income countries, the IMF said AI may further worsen the inequality that already exists in the world.

“It is a resource for policymakers, researchers, and the public to better assess the AI preparedness and, importantly, to identify the actions and design the policies needed to help ensure that the rapid gains of AI can benefit all,” it stated. On the benefits, IMF said AI could complement workers’ skills, enhance productivity and expand opportunities.

 

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