The International Monetary Fund (IMF) released its AI Preparedness Index (AIPI) on Tuesday, assessing the readiness of 174 countries for artificial intelligence (AI).
The AIPI Dashboard evaluates these economies based on their digital infrastructure, human capital, labor policies, innovation, integration, and regulation, according to an IMF statement.
The IMF noted that while AI has the potential to enhance productivity, drive economic growth, and increase incomes, it also poses the risk of eliminating millions of jobs and exacerbating inequality.
Research conducted by the IMF in January indicated that AI could threaten 33% of jobs in advanced economies, 24% in emerging economies, and 18% in low-income countries.
However, the IMF’s statement also highlighted the positive aspects of AI, stating that it offers significant potential to improve the productivity of current jobs, create new jobs, and even establish new industries. Wealthier economies are generally more prepared for AI adoption than low-income countries, the IMF noted.
