NEWS – The IMF released an AIPI Dashboard tracking 174 economies globally for AI readiness. Countries categorized into Advanced Economies (AE), Emerging Market Economies (EM), and Low-Income Countries (LIC).

HIGHLIGHTS

Top Performing Countries

• Advanced Economies (AE)
  • Singapore (0.80)
  • Denmark (0.78)
  • United States (0.77)
• Emerging Market Economies (EM)
  • India (0.49, ranked 72 out of 174)
  • China (0.63, ranked 31)
  • Sri Lanka (0.43, ranked 92)

Key Areas of Assessment

• Digital infrastructure
• Human capital and labour market policies
• Innovation and economic integration
• Regulation

Impact of AI on Jobs

• AI could potentially impact 33% of jobs in Advanced Economies, 24% in Emerging Market Economies, and 18% in Low-Income Countries.
• It presents opportunities to enhance productivity and create new jobs and industries.

Inequality Concerns

• AI is likely to worsen overall inequality globally.
• Policymakers urged to design policies that ensure AI’s benefits are broadly distributed.