AI to increase global inequality – economists ...News

Economy by : (Russia Today) -
The technology’s benefits for production will be more pronounced in high-income economies, according to a survey by the WEF Leading economists surveyed by the World Economic Forum are notably more optimistic about the benefits of AI in high-income countries than in developing economies and see the technology boosting inequality, according to the latest Chief Economists Outlook, released on Monday. As the global economy grapples with headwinds from tight financial conditions and geopolitical rifts while adapting to rapid advancements in generative AI, the economists expect geo-economic fragmentation to accelerate

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