Technology & AI

World Bank official sees small AI speeding developing-nation growth

The bank's chief knowledge officer said the technology could compress economic development from centuries into decades.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

This story is no longer being updated. It reflects reporting up to .

What happened

The World Bank's chief knowledge officer said so-called small AI could transform developing countries. The official said the technology could speed up economic development, shortening a process that has taken centuries to one that takes decades.

Why it matters

The claim suggests AI could dramatically shorten the time developing economies need to advance.

Coverage

More from Technology & AI

All Technology & AI news · Technology & AI story archive