Shafaqna English- A new analysis by Oxford Economics finds that low-income countries (LICs) could gain up to $75 trillion annually by expanding access to reliable energy and capital markets—key steps to harnessing the full potential of artificial intelligence for inclusive growth.
The report argues that while AI represents one of the greatest economic opportunities of the century, its benefits remain out of reach for much of the developing world due to persistent infrastructure and financial barriers.
Improving energy access alone could add $53 trillion, and expanding access to finance could generate an additional $22 trillion annually, according to the study. Together, these measures could close 43% of the living standards gap between low- and high-income countries, improving livelihoods for nearly 3.7 billion people.
Case studies from Brazil, India, Morocco, and South Africa show that targeted investments in renewable energy and AI-enabled financial platforms can drive productivity and resilience across entire economies.
Despite the promise, only 26% of jobs in LICs are currently exposed to AI—compared to 60% in advanced economies—highlighting both the urgency and the potential of AI-driven development.
Oxford Economics emphasizes that unlocking this opportunity requires coordinated global action on energy, technology diffusion, and inclusive finance, ensuring that AI becomes a catalyst for shared prosperity rather than a driver of inequality.
Source: Oxford Economics