According to a report published by the International Monetary Fund (IMF)Argentina is far from being one of the countries best prepared for integrate the development of artificial intelligence and boost its economy. The work points out the benefits of AI, as well as the risks of its development.
Kistalina Georgieva, managing director of the organization, referred to the report and stated: “AI is poised to reshape the global economy. It can increase productivity, drive economic growth and raise incomes. But it also has the potential to eliminate jobs and widen inequality.”
The place that Argentina occupies in the IMF ranking
Regarding the ranking, the IMF explained that it is a resource so that “policymakers, researchers and the public can better assess AI readiness and, most importantly, identify the actions and design the policies needed to help ensure that rapid advances in AI can benefit everyone.”
At the same time, he noted that “measuring readiness is challenging, in part because the institutional requirements for economy-wide integration of AI remain uncertain. Different countries are at different stages of preparation to harness the potential benefits of AI and manage the risks.“.
Based on these stages, the IMF prepared the ranking taking into account different parameters to define how each country is in relation to the development of AI. In the region, Argentina ranks sixth in the region.
In this sense, the positions are as follows: Uruguay with 0.55; followed by Brazil 0.5; Chili 0.59; Peru0.49; Colombia0.49; Argentina0.47; Ecuador0.44; Paraguay, 0.41; and Bolivia0.38.
The best conditions are found in the Nordic countries and in United States and Canada with values between 0.75 and 0.77 in a ranking between 0 and 0.8 and more.
Artificial intelligence in advanced economies
As exemplified by the organization, in advanced economies around 30% of jobs could benefit from the integration of AI. “Workers who can take advantage of technology may see wage increases or greater productivity, while those who cannot may be left behind,” he explained.
As for younger workers, it could be a benefit since it would be easier for them to take advantage of the opportunities. However, older workers may find it more difficult to adapt.
Regarding emerging markets, he maintained that “the political priority should be to lay a solid foundation investing in digital infrastructure and digital training for workers“.
Source: Ambito
