The International Monetary Fund (IMF) has released the Artificial Intelligence Preparedness Index (AIPI) Dashboard 2024.
The AI Preparedness Index Dashboard for 174 economies is based on their readiness in four areas: digital infrastructure, human capital and labor market policies, innovation and economic integration, and regulation.
The Index ranks India at the 72nd position, with Bangladesh (0.38) at 113, Sri Lanka (0.43) at 92, and China (0.63) at 31.
Singapore (0.80), Denmark (0.78), and the United States (0.77) are among the highest-rated AEs (Advanced Economy), with India categorised as an EM (Emerging Market) with a 0.49 rating.
As per the index, the AI could endanger 33 percent of jobs in advanced economies, 24 percent in emerging economies, and 18 percent in low-income countries.
But, on the brighter side, it also brings enormous potential to enhance the productivity of existing jobs for which AI can be a complementary tool and to create new jobs and even new industries.
