Even if AI and other innovations seem likely to fuel unemployment and deepen income inequality, no country can simply reject them outright. Instead, policymakers must navigate the complexities of various technologies' "appropriateness" to their own economies and development strategies.
OXFORD – We are living through humanity’s fourth industrial revolution, which is largely driven by breakthroughs in digital technologies. Some, like the internet and artificial intelligence, are converging and amplifying each other, with far-reaching consequences for economies and societies. For developing countries, the implications are profound, and questions concerning policy choices and the “appropriateness” of new technologies have become urgent.
OXFORD – We are living through humanity’s fourth industrial revolution, which is largely driven by breakthroughs in digital technologies. Some, like the internet and artificial intelligence, are converging and amplifying each other, with far-reaching consequences for economies and societies. For developing countries, the implications are profound, and questions concerning policy choices and the “appropriateness” of new technologies have become urgent.