Stanford Graduate School of BusinessPriorities for Policymakers in Emerging Economies: Somik V. Lall, World Bank Group
Stanford Graduate School of Business
Three main ideas 0:02
Advanced economies worry about jobs lost to automation. Emerging economies have a different chance. AI could speed development, but only if the basic pieces around it are strong.
Get the basics right 1:01
AI works in bundles, not as separate parts. The weak links are literacy, health, access to services, data security, and trust. If those lag, low-cost access and cheap models will not help much.
Use AI with care 4:03
The first step is to adopt existing AI with guard rails. Then adapt it to local languages, local learning, and local health needs. Governments should test pilots, keep the good ones, and stop the rest.
Government and regulation 6:31
Only 4.5 percent of jobs in emerging economies face automation, but that can hide deep structural stasis. AI also brings risks in data security, trust, and cyber security. Governments should use broad competition rules first, build procurement skills, and rely on voluntary standards before targeted AI laws.
AI-generated summary. It can be wrong or incomplete - check anything that matters against the original.
