CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

World Bank Urges Developing Countries to Accelerate AI Adoption

CEO Tab by CEO Tab
August 6, 2026
in Prime News
0
World Bank Urges Developing Countries to Accelerate AI Adoption

World Bank on glass building. Mirrored sky and city modern facade. Global capital, business, finance, economy, banking and money concept 3D rendering animation.

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The World Bank has called on governments in low- and middle-income countries to rapidly embrace artificial intelligence (AI), warning that delays in strengthening digital infrastructure, skills and institutions could widen the global development gap.

You might also like

Interest Rate Cuts and Higher Power Demand Drive Hydropower Profits to Rs 11.11 Billion

Parliamentary Panel Proposes Three-Year Tenure for NRB Top Officials

Four South Asian Countries Sign Deal to Share Advance Trade Information

In its World Development Report 2026: The Promise of Artificial Intelligence, the World Bank describes AI as a once-in-a-generation opportunity for developing economies to accelerate growth and improve public services. The report suggests that AI could enable countries to achieve in a decade what might otherwise take a century.

According to the report, only 4.5 percent of jobs in developing countries are at high risk of automation by generative AI, compared with 14.2 percent in high-income economies. Meanwhile, AI has the potential to significantly improve productivity in 16.2 percent of jobs in low- and middle-income countries, nearly matching the 18.7 percent projected for advanced economies.

The World Bank emphasized that AI’s greatest value lies in enhancing human productivity rather than replacing workers. It highlighted successful applications already underway, including AI-powered diabetes screening in Bangladesh and advanced weather forecasting systems for farmers in India.

The report recommends that developing countries first adopt existing AI technologies, adapt them to local needs and gradually build the capacity for more advanced AI development. It also stresses the importance of investing in reliable electricity, digital connectivity, computing infrastructure, skilled human resources and strong institutions.

While AI presents enormous opportunities, the World Bank cautioned that poor governance could increase inequality, concentrate market power and undermine public trust. It urged governments to promote responsible AI use through international cooperation, voluntary industry standards and policies that ensure AI benefits are shared broadly across society.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Interest Rate Cuts and Higher Power Demand Drive Hydropower Profits to Rs 11.11 Billion

by CEO Tab
August 21, 2026
0
Interest Rate Cuts and Higher Power Demand Drive Hydropower Profits to Rs 11.11 Billion

Nepal’s hydropower sector recorded a sharp improvement in financial performance in the fiscal year 2025/26, with 106 hydropower companies listed on the Nepal Stock Exchange (NEPSE) reporting a...

Read more

Parliamentary Panel Proposes Three-Year Tenure for NRB Top Officials

by CEO Tab
August 21, 2026
0
Parliamentary Panel Proposes Three-Year Tenure for NRB Top Officials

The Finance Committee of the Federal Parliament has decided to amend the Nepal Rastra Bank Act, proposing to limit the regular tenure of the central bank’s top officials...

Read more

Four South Asian Countries Sign Deal to Share Advance Trade Information

by CEO Tab
August 21, 2026
0
Four South Asian Countries Sign Deal to Share Advance Trade Information

Nepal, Bhutan, Bangladesh and the Maldives have signed an agreement to exchange advance information on goods traded across their borders, in a move aimed at facilitating regional trade...

Read more

Government Moves to Introduce Seasonal Electricity Tariffs

by CEO Tab
August 21, 2026
0
Government Moves to Introduce Seasonal Electricity Tariffs

The government has intensified preparations to reduce electricity tariffs through a proposed ‘seasonal tariff’ system, under which electricity prices would be lowered during the rainy season when surplus...

Read more

Government Sets Two-to-Five-Year Deadline to Complete Six National Pride Irrigation Projects

by CEO Tab
August 19, 2026
0
Government Sets Two-to-Five-Year Deadline to Complete Six National Pride Irrigation Projects

The government has set ambitious deadlines to complete six long-delayed national pride irrigation projects, with completion targeted within the next two to five years. The Ministry of Energy,...

Read more
Next Post
NRB Absorbs Over Rs. 1.7 Trillion in Excess Liquidity Within 20 Days

NRB Absorbs Over Rs. 1.7 Trillion in Excess Liquidity Within 20 Days

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.