Developing countries need to wake up to the risks of new tech
Technological advances associated with the fourth industrial revolution – including artificial intelligence – allow the automation of an increasingly wide array of processes in increasingly interactive and sophisticated ways. These advances will likely give rise to many opportunities for economic and social development in developing countries, for instance by increasing food production. But the new technologies also involve important risks, which have special significance in developing countries. They may build upon and exacerbate existing inequalities – both within developing countries as well as between developing and more developed regions. Three of these inter-related risks are worsening unemployment, increasing concentration of…
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