World Bank urges developing nations to adopt AI or risk lagging
World Bank chief economist says AI tools could deliver governance improvements and accelerate development if adopted quickly.
The short version
The World Bank urged developing countries to adopt artificial intelligence tools to improve governance and avoid falling behind. The institution said rapid AI adoption could deliver decades of development progress in a short time.
The World Bank called on developing countries to adopt artificial intelligence tools to improve governance outcomes.2 Indermit Gill, chief economist of the World Bank Group, said AI had thrown developing economies a lifeline.2 Gill stated that developing countries risked being left behind if they failed to embrace AI technology.2
The World Bank released its annual World Development Report on August 4, 2026.2 The report suggested that developing countries could gain a century’s worth of development progress in a decade if they act quickly on AI adoption.1
“AI has thrown developing economies a lifeline, and they should seize it.”
Why it matters
The World Development Report is an annual publication by the World Bank that examines key development issues and provides policy recommendations.2
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This account was written from the 2 reports listed below, filed by 2 independent outlets, and checked against them line by line. It is not a copy of any one of them. Spotted an error? Tell us.
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