tech
How to Ensure AI Serves the Public Good
Throughout history, periods of major technological change have reshaped economies and transformed societies. The steam engine, electricity, and the internet are just a few of the innovations that have increased productivity, created new industries and jobs, and changed the lives of millions of people. Artificial intelligence is the newest chapter in that story.
TL;DR
- Major technological changes throughout history have reshaped economies and societies, with AI being the latest.
- The benefits of AI, like previous technologies, may not be evenly distributed and depend on policy, infrastructure, and access to skills.
- Practical AI applications can significantly improve lives in developing countries by solving everyday problems, such as diagnosing crop diseases or assisting nurses with digital tools.
- "Small AI" solutions, designed for local realities and using everyday devices, offer a greater opportunity for developing nations than large-scale AI models.
- The World Bank Group focuses on using AI to improve lives, strengthen public services, increase productivity, and create jobs by investing in digital foundations and supporting practical AI solutions.
- Job creation projections indicate a significant shortfall for young people entering the workforce in emerging and developing economies, making AI's role in opportunity expansion critical.
- Trust in AI will depend on its reliability, safety, and strong data governance, with choices about infrastructure, affordability, skills, and inclusion determining whether AI widens or closes existing divides.
- The success of AI will be measured by its ability to earn trust, expand opportunities, advance the public good, and improve millions of lives.