Topic updates
Will AI kill developing world growth?
18th April 2019
Ian Goldin's article here supports his recent analysis programme on BBC radio 4 and it is well worth a read.
The rapid advance of artificial intelligence and robotics has the potential to accelerate development progress in some aspects - for example in helping to deliver basic medical services much more quickly to millions of people at affordable cost. But Goldin argues there are significant risks to development from AI. One is a brain drain of highly skilled younger people including software engineers from emerging and developing countries to rich nations where most of the investment in AI is focused.
A second threat is that robotics may increase the risk of premature deindustrialisation - i.e. take away the demand for routine assembly and processing tasks associated with traditional manufacturing. Many lower-middle income countries rely on industrialisation to increase formal employment and waged labour.
There are risks too for developed countries from AI - many routine service sector / white collar jobs are under threat too. But Goldin's particular focus on development issues is a welcome addition to the debate.
You might also like
Growth and Development in Ethiopia
17th October 2014
Sugar Cane and Economic Development in Mauritius
20th October 2014
The Power of Remittances
19th October 2014
2014 Human Development Report focuses on Vulnerability
24th July 2014
Development Progress for the Ivory Coast
2nd February 2014
Growth and Development in the Ivory Coast
20th October 2014
In Praise of Inequality in Science
29th July 2014