Artificial intelligence is poised to revolutionize economies, but emerging markets must cultivate local ecosystems to truly benefit, a World Bank report reveals. Beyond importing models, success hinges on robust digital infrastructure, skilled talent, and adaptable AI building blocks. This shift promises short-term productivity gains and long-term economic transformation, provided challenges like market fragmentation and global player concentration are addressed through strategic investment and collaboration.

Artificial intelligence is poised to revolutionize economies, but emerging markets must cultivate local ecosystems to truly benefit, a World Bank report reveals. Beyond importing…

AI investment in emerging markets requires building local ecosystems for sustainable growth, beyond just importing technology models, says World Bank report.