
The International Monetary Fund (IMF) recently unveiled the Artificial Intelligence Preparedness Index (AIPI) Dashboard, providing insights into the global landscape of AI readiness.
About the Artificial Intelligence Preparedness Index (AIPI):
- Assessment Criteria: The AIPI evaluates the level of AI preparedness across 174 countries, encompassing four key areas:
- Digital Infrastructure
- Human Capital and Labor Market Policies
- Innovation and Economic Integration
- Regulation and Ethics
- Country Categorization: The Index categorizes countries into three groups: Advanced Economies (AEs), Emerging Market Economies (EMs), and Low-Income Countries (LICs).
- Top Performers: Singapore (0.80), Denmark (0.78), and the United States (0.77) lead the pack among AEs in terms of AI preparedness.
- India's Ranking: India, classified as an EM, scored 0.49 and ranked 72nd out of 174 countries.
Key Facts about the International Monetary Fund:
- Mission: The IMF promotes economic growth and employment by providing temporary financial assistance and technical guidance to countries facing balance of payments challenges.
- Establishment: The IMF was established in 1944 at the Bretton Woods Conference to rebuild the international monetary system.
- Notable Reports: The IMF publishes influential reports, including the World Economic Outlook and the Global Financial Stability Report.
- Headquarters: Washington, D.C., USA.
Countries Most Prepared for AI
Rank
|
Top Countries
|
Index
|
1
|
Singapore
|
0.800
|
2
|
Denmark
|
0.778
|
3
|
United States
|
0.771
|
4
|
Netherlands
|
0.766
|
5
|
Estonia
|
0.754
|
6
|
Finland
|
0.754
|
7
|
Switzerland
|
0.754
|
8
|
New Zealand
|
0.753
|
9
|
Germany
|
0.753
|
10
|
Sweden
|
0.747
|
72
|
India
|
0.492
|