IMF and OECD warn artificial intelligence could deepen gap between wealthy and developing nations
Source Summary
The International Monetary Fund and Organisation for Economic Co-operation and Development have warned that artificial intelligence deployment could widen economic disparities between developed and developing nations. The organizations expressed concern that unequal access to AI technology and infrastructure may disadvantage lower-income countries in global economic competition.
Why it matters
The warning from two major international economic institutions signals that AI-driven technological inequality poses a systemic risk to global economic stability and development prospects for lower-income nations.
