Ryan Daws

"Advanced economies are better prepared for AI adoption but must still prioritise innovation, integration, and regulation to cultivate its safe and responsible use. For emerging markets, the priority is developing digital infrastructure and skills.

"To assist countries in crafting effective policies, the IMF has introduced an AI Preparedness Index—evaluating readiness in areas such as digital infrastructure, human capital, innovation, and regulation. 

"Wealthier economies – including Singapore, the US, and Denmark – have shown higher preparedness for AI adoption.

"The AI era has arrived, and proactive measures are crucial to ensuring its benefits are shared prosperity for all."

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