World leaders debate how to protect jobs and open new opportunities at Bangkok summit
Source: Pattaya Mail
Published on: 2026-10-13 02:54
BANGKOK, Thailand - Leaders of the World Bank and the International Monetary Fund (IMF) have advocated localized, low-resource artificial intelligence applications -- dubbed "Small AI" -- as a vital tool for driving employment and productivity in developing economies. Speaking during a panel titled "Small AI: More and Better Jobs" at the institutions' annual meetings, global financial leaders underscored the need to adapt technology to the specific structural and labor demands of emerging markets. Focusing on Localized Solutions World Bank President Ajay Banga emphasized that job creation remains a top priority, with approximately 1.2 billion youths entering the global workforce over the next 15 years. Banga noted that developing and middle-income nations can leverage "Small AI" solutions tailored for local contexts in agriculture, healthcare, and education, rather than relying solely...
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