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US tops world ratings for AI preparedness; China, Russia and Iran lag in key measures, report finds
A new report from the International Monetary Fund (IMF) has rated countries on their ability to immediately adopt artificial intelligence (AI) into their economies, once again urging policymakers to ensure the life-changing tech “can benefit all.”
“Under most scenarios, AI will likely worsen overall inequality, a troubling trend that policymakers can work to prevent,” the IMF wrote in a blog post on its data. “To this end, the dashboard is a response to significant interest from our stakeholders in accessing the index.”
The index measures a country’s AI adoption preparedness through four key measures: digital infrastructure, human capital and labor market policies, innovation and economic integration and regulation.
The index breaks countries into five brackets with a rating of 0 to 1, with a higher score representing more favorable AI preparedness, rating 174 countries.
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Employees work at an intelligent furniture factory using 5G and artificial intelligence technology Oct. 21, 2020, in Ganzhou, Jiangxi Province of China. (Liu Zhankun/China News Service via Getty Images)
According to those ratings, the U.S. and the Netherlands top the chart with a .77 value of preparedness. Other highly-rated countries are Finland and Estonia with .76, New Zealand, Germany and Sweden with .75 and Australia, Japan and Israel with .73.
Taiwan, which is the beating heart of semiconductor production and the manufacturer of the most advanced microprocessors, surprisingly received a .67 rating.
Rival nations in the West received worse ratings, with China at .64, Russia at .56, Iran at .38 and Venezuela at .27.
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India, an industrial powerhouse and a country that has rapidly ascended the ranks of major economies to overtake the U.K. as the fifth-largest economy starting in 2022, has a rating of .49.
At the bottom end — the countries least-prepared to adopt AI — were South Sudan with .11, Afghanistan with .13, the Central African Republic (CAR) with .18 and Somalia with .2. All other nations received ratings of .25 or higher.
A doctor using the AI document management concept. (iStock)
For countries like Afghanistan, the IMF lacks data on the economy, which may have skewed some of the data. Countries such as North Korea, Yemen, Eritrea and Turkmenistan did not appear on the map due to having “no data” about them.
The IMF warned that its data proved “challenging” to gather and synthesize, noting that “institutional requirements for economy-wide integration of AI are still uncertain.”
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“As the dashboard shows, different countries are at different stages of readiness in leveraging the potential benefits of AI and managing the risks,” the IMF wrote.
“In advanced economies, for example, some 30% of jobs could benefit from AI integration,” the IMF explained. “Workers who can harness the technology may see pay gains or greater productivity, while those who can’t, may fall behind.”
Nvidia is developing real-world robots equipped with artificial intelligence capabilities. (Justin Sullivan/Getty Images)
“Younger workers may find it easier to exploit opportunities, while older workers could struggle to adapt,” it added.
Previous IMF analysis determined AI will transform roughly 40% of global employment, which is in line with historical effects of automation and information technology advancements. However, what sets AI apart as a challenge is the fact it will also impact high-skilled jobs. And in more advanced economies, up to 60% of jobs may be affected.
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With its new analysis, the IMF has suggested countries with more advanced economies should look to expand social safety nets, invest in training workers and prioritize AI innovation and integration.
“Coordinating with one another globally, these countries also should strengthen regulation to protect people from potential risks and abuses and build trust in AI,” the IMF said. “The policy priority for emerging market and developing economies should be to lay a strong foundation by investing in digital infrastructure and digital training for workers.”
World
Google puts AI agents at heart of its enterprise money-making push
World
Landlords allegedly posting ‘Muslim-only’ apartment ads in violation of country’s equality act: report
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Some landlords in England are apparently advertising “Muslim-only” apartments online, according to a local media report.
An investigation by The Telegraph found that alleged listings posted in London on Facebook, Gumtree and Telegram feature phrases such as “only for Muslims,” “for 2 Muslim boys or 2 Muslim girls,” and “Muslims preferred.”
Other ads appeal to Punjabi and Gujarati speakers, while some job vacancies on the platforms are advertised for men only.
Some listings specify “Hindu only,” in addition to posts that likely use religious subtext by stating: “The house should be alcohol and smoke-free.”
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On Facebook, a company called Roshan Properties posted dozens of listings stating “prefer Muslim boy,” “one double room is available for Muslims,” and “suitable for Punjabi boy.” A Meta spokesman told Fox News Digital that Facebook then removed the company’s page “for violating the platform’s policies on discriminatory practices.”
Apartment buildings in Westminster, London, U.K. (John Keeble/Getty Images)
The ads run afoul of Britain’s Equality Act 2010, which prohibits discrimination based on religion or belief, race and other protected characteristics.
“These adverts are disgusting and anti-British. It goes without saying that there would be a national outrage if the tables were turned,” Robert Jenrick, Reform UK’s economic spokesman, told The Telegraph. “All forms of racism are unacceptable, and no religious group should get a special exemption to discriminate in this way.”
Houses and properties line Cheyne Walk in Chelsea, London, U.K. Some landlords in the city are illegally advertising for “Muslim only” tenants across the city, an investigation by The Telegraph has found. (Richard Baker/In Pictures via Getty Images)
One landlord told The Telegraph to “go away” when asked about an ad for a “Muslims only” room for $1,150, and whether it was available to renters of other faiths.
A spokesperson for Gumtree told the newspaper that the company has clear policies in place that prohibit unlawful discrimination.
On Facebook, a company called Roshan Properties posted dozens of listings stating “prefer Muslim boy,” (Al Drago/Bloomberg via Getty Images)
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“We take reports of inappropriate listings very seriously,” the spokesperson said. “The ads referenced appear to relate to private rooms within shared homes, where existing occupants may express preferences about who they live with. This is different from renting out an entire property, which is subject to stricter rules under the Equality Act.”
Telegram did not immediately respond to Fox News Digital’s request for comment.
World
Is Europe too late to the metal recycling game?
Europe’s critical raw materials crisis has a partial answer sitting in the waste stream — but the continent has been too slow to see it.
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Dorota Włoch, CEO of Eneris Surowce, was direct: recycling is no longer optional.
Unlike plastics, metals can be recovered and reused indefinitely, making urban mining — the recovery of raw materials from existing products and waste — increasingly valuable, particularly for batteries.
“From recycling, we recover metallic aluminium and so-called black mass, which is a concentrate of metals, mainly cobalt-nickel. These are some of the most valuable battery metals. And batteries are crucial today, not only in the automotive sector, but also in storing energy from renewable sources such as wind and solar,” she said.
‘Europe is 25 years late’
Włoch put the scale of the problem plainly. “Deposits are critical — any machine can be bought, but natural resources are not. They are non-transferable and non-renewable. If we use them, they simply disappear,” she said.
Europe’s belated recognition of that reality has cost it dearly.
“The regulation of critical raw materials came 25 years after other regions of the world had invested heavily in deposits. Europe was too passive. Today we are catching up, but the regulations are often so demanding that countries like Poland have difficulty implementing them.”
Who benefits most from extraction?
Poland holds significant reserves of raw materials critical to the modern economy, such as copper, coking coal, nickel, platinum group metals, helium, rhenium, lead and silver.
But the minerals needed most for the energy transition, such as lithium, cobalt and graphite, exist only in limited quantities, forcing imports.
Arkadiusz Kustra, dean of the faculty of civil engineering and resource management at AGH University of Science and Technology in Kraków, told a panel at the European Economic Congress that awareness of the full supply chain, and who profits from it, was now essential.
He pointed to Serbia as a case study.
“Serbia has lithium deposits and is already in talks with Mercedes or Stellantis,” he said. Belgrade is using that leverage to attract investment in battery factories and car plants, keeping more of the value chain at home.
The goal, Kustra argued, should be regional supply chains that retain added value locally.
“You can earn the least at the beginning and the most from the end customer,” he said.
The bigger obstacle is Chinese dominance.
“Margins in critical raw materials largely go to the Chinese, who control more than 90% of processing and trading, even though they do not own most of the deposits,” he said.
In the Democratic Republic of Congo — among the world’s most resource-rich countries — Chinese entities control around 90% of deposits.
The panel also pointed to growing interest in new supply partnerships, with Poland eyeing assets in the Congo region and the Americas.
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