United Nations flags rising productivity, booming data centre spending, and widening global divides in latest World Economic Situation and Prospects report
Global investment and productivity are largely driven at the moment by artificial intelligence, but its benefits are being reaped and captured by only a handful of advanced and developed economies, raising concerns that the technology could widen income and development gaps across the world, the United Nations warned on Thursday.
According to the UN’s flagship World Economic Situation and Prospects 2026 (WESP) report, rapid advances in artificial intelligence, clean-energy technologies and digital infrastructure are now “spurring new waves of investment and innovation,” but this activity remains “heavily concentrated in a few major economies with substantial technological and financial capacity, leaving many countries behind…
