Mumbai, Jan. 30 -- IMF noted in a recent update that nearly 60 percent of Indian firms already use some form of AI-well above global averages. AI can make businesses more efficient, speed up technology diffusion, and strengthen innovation. But adoption remains uneven: employers cite skill shortages, inadequate tools, and integration challenges, the fund noted. Ensuring that AI enhances productivity without widening disparities requires further investment in India's already strong digital infrastructure, training workers, and protecting those who may lose jobs.
IMF staff simulations show that AI-driven productivity gains-scaled by AI preparedness and exposure-could raise total factor productivity in emerging Asia (including India) by roug...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.