
BCG Study Reports 70% of Global Economies Not Ready for the Shift
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Artificial intelligence (AI) is reshaping the global economy, but new research from the Boston Consulting Group (BCG) highlights the disturbing reality that more than 70% of the world’s economies are ill-prepared for this technological revolution. As AI accelerates its disruption of industries, economies around the world must assess their AI readiness to effectively ride this wave of change.
The Artificial Intelligence Landscape: Global Preparedness and Vulnerability
BCG vaccine Artificial Intelligence Maturity Matrix Seventy-three global economies were assessed and classified into six archetypes based on their vulnerability to AI disruption and their readiness to adapt. Only five economies—Canada, China, Singapore, the United Kingdom, and the United States—have become leaders in artificial intelligence and have demonstrated strong strength. R&D investmenta strong talent pool and a thriving artificial intelligence ecosystem.
On the other hand, economies such as Luxembourg and Hong Kong are at serious risk of disruption to industries such as financial services and retail. These Countries lack critical preparations The need to adapt and evolve highlights the growing global gap in AI maturity.
Measuring Artificial Intelligence Readiness: The ASPIRE Index
BCG’s ASPIRE Index assesses six dimensions that are critical to: artificial intelligence strategy: Ambition, skills, policy, investment, research and ecosystem. AI Pioneers in these fields perform well, with mainland China leading in patents and academic research, while the United States and Singapore dominate in talent development and investment. However, many economies score low on R&D and ecosystem development, and have limited ability to effectively integrate artificial intelligence. For these countries, strategic adjustments and targeted investments are critical to closing readiness gaps.
Prepare for an AI-driven future
The report outlines three strategic initiatives to help position economies:
- Enable artificial intelligence: Building foundational capabilities for emerging economies
- Accelerating Artificial Intelligence: Strengthen policies and investments in mid-sized economies
- Amplify artificial intelligence: Leading global innovation and shaping artificial intelligence policy for those with vision
“Policymakers must act quickly to build resilience, drive modernization and ensure competitiveness,” said Aparna Bharadwaj, managing director at BCG and co-author of the report.
as AI continues to redefine industriesthe gap between preparation and exposure becomes even more apparent. Closing this gap requires bold initiatives, long-term planning and investment in education, research and development and infrastructure. Economies that adapt quickly artificial intelligence technology Sustainable growth will be ensured, while those businesses that delay growth risk falling behind in an increasingly AI-driven world.
2024-12-19 18:01:31