IMF, OECD warn AI could widen rich-poor country divide
- Posted on October 22, 2026
- By Business News Today
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- 1 min read
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IMF, OECD warn AI could widen rich-poor country divide
Artificial intelligence holds the potential to significantly enhance global economic growth and productivity rates. However, poorer countries and smaller businesses face severe challenges in adopting this technology due to inadequate resources. Young and entry-level workers are particularly at risk as AI increasingly automates entry-level tasks traditionally used for gaining experience. Reports indicate significant layoffs occurring in various companies as they adopt AI for efficiency.
