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The Economic Times
The Economic Times
Technology

AI offers 'lifeline' for emerging economies, World Bank says

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.

Widespread job losses due to AI are also less of a threat to emerging economies, the report found, adding that developing economies have more to ‌gain and less ⁠to fear ⁠than richer nations.

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