TechnologyPhoto: NDTV BusinessWorld Bank to Democratize Practical AI for Small Businesses
The World Bank Group aims to reduce the AI gap between advanced and developing economies by promoting affordable, practical AI tools for small businesses. President Ajay Banga highlighted that 'small AI' can help farmers, teachers, health workers, and entrepreneurs improve outcomes. Unlike advanced AI, these tools require less infrastructure and skills. The Bank is also supporting countries to enhance electricity, connectivity, device access, and skills development to enable AI adoption.
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