“AI is a lifeline for developing economies and they should take advantage of it,” said Indermit Gill, Chief Economist of the World Bank Group. “They do not need large models or big data centers to benefit from it.”
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He urged adapting cheaper AI tools to local conditions to achieve results in health, education, justice, and agriculture sectors.
Advanced AI models – mostly developed in the United States and China – enable rapid data analysis and automation of many tasks that would otherwise take qualified specialists more time. However, these AI models require massive data centers and large complex data processing capacities and consume huge amounts of electricity and water, which has climate change implications.
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“Today, developing economies are recording the weakest average growth in the past three decades,” the World Bank statement said, published alongside the Global Development Report. “AI could significantly improve these indicators by the end of this decade, while providing tangible benefits to people.”
The report urges countries to use AI to “help expand otherwise expensive medical, legal, educational, and agricultural services to billions of people who lack access to these services, and achieve in a decade what would otherwise take a century.”
