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Artificial intelligence

AI Will Transform the Global Economy. Let’s Make Sure It Benefits Humanity.

January 14, 2024

Kristalina Georgieva

AI will affect almost 40 percent of jobs around the world, replacing some and complementing others. We need a careful balance of policies to tap its potential

Artificial intelligence

The AI Awakening

November 30, 2023

Gita Bhatt

Generative AI has introduced tantalizing new possibilities. Yet the initial excitement surrounding AI has given way to genuine and growing concerns. This issue is an early attempt to understand AI’s implications for growth, jobs, inequality, and finance.

Artificial intelligence

Sharing the Gains of Automation: The Role of Fiscal Policy

November 18, 2021

Nikolay Gueorguiev, Ryota Nakatani

Careful calibration of spending and tax policies can reduce inequality caused by automation.

Artificial intelligence

Needed—A Global Approach to Data in the Digital Age

October 26, 2021

Vikram Haksar, Yan Carrière-Swallow , Kathleen Kao, Gabriel Quirós-Romero

Global principles on data policy can help level the playing field while addressing financial stability and inclusion, competition, and privacy.

Artificial intelligence

How Artificial Intelligence Could Widen the Gap Between Rich and Poor Nations

December 2, 2020

Cristian Alonso, Siddharth Kothari, Sidra Rehman

New technologies like artificial intelligence, machine learning, robotics, big data, and networks are expected to revolutionize production processes, but they could also have a major impact on developing economies.

Artificial intelligence

The Economics of Data

September 23, 2019

Yan Carrière-Swallow , Vikram Haksar

Look around the global economy and you’ll see an American company developing the next generation of driverless cars, a Chinese financier extending loans to “mom-and-pop” stores that used to lack access to credit, and researchers at a Swiss pharmaceutical company developing a treatment for a chronic health condition.

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