Different Aspects of the Role of AI in Developed and Developing Countries and the Indian Economy

Year : 2024 | Volume : 11 | Issue : 02 | Page : 1 11
    By

    Ashish Prasad,

  1. PGT Economics, Department of Economics, DAV Public School, Bariatu, Ranchi, Jharkhand, India

Abstract

Nothing is permanent; change is a constant in our world, often bringing both positive and negative effects. Modern technology is now ubiquitous, benefiting countries while also posing challenges. The critical question is the impact of artificial intelligence (AI) in the future. AI concepts have roots in ancient India, seen in the stories of epics and Upanishads, such as the Pushpak Viman in Ramayana and Sanjay’s divine vision in Mahabharata. This article traces AI from its origins to its current state, examining its implementation challenges and economic impacts. It explores how different countries use AI to boost GDP growth and curb corruption. The research employs analytical and critical analysis, utilizing secondary data from magazines, articles, and government reports. Case studies from the United States, the United Kingdom, Japan, India, Italy, China, Iran, and Russia are included to highlight the varied use and consequences of AI across different economies. The study focuses on AI’s impact on agriculture, industries, employment, poverty, medicine, health, supply chains, communication, science, and production. It seeks to understand the diverse applications and outcomes of AI in different national contexts.

Keywords: Artificial intelligence, gross domestic product, supply channel, MSMEs (micro, small, and medium enterprises), employment generation.

[This article belongs to Journal of Software Engineering Tools & Technology Trends ]

How to cite this article:
Ashish Prasad. Different Aspects of the Role of AI in Developed and Developing Countries and the Indian Economy. Journal of Software Engineering Tools & Technology Trends. 2024; 11(02):1-11.
How to cite this URL:
Ashish Prasad. Different Aspects of the Role of AI in Developed and Developing Countries and the Indian Economy. Journal of Software Engineering Tools & Technology Trends. 2024; 11(02):1-11. Available from: https://journals.stmjournals.com/josettt/article=2024/view=155771


References

  1. Kshetri N. The role of artificial intelligence in promoting financial inclusion in developing countries. J Global Inform Technol Manage. 2021; 24 (1): 1–6.
  2. Makridakis S. The forthcoming artificial intelligence (AI) revolution: its impact on society and firms. Futures. 2017; 90: 46–60.
  3. Malerbi FK, Melo GB. Feasibility of screening for diabetic retinopathy using artificial intelligence, Brazil. Bull World Health Organ. 2022; 100 (10): 643–647.
  4. Malkawi AR. Science education in the state of Qatar. In: Huang R, Xin B, Tlili A, Yang F, Zhang X, Zhu L, Jemni M, editors. Science Education in Countries Along the Belt & Road: Future Insights and New Requirements. Singapore: Springer Nature; 2022. pp. 151–167.
  5. Mhlanga D. Artificial intelligence in the industry 4.0, and its impact on poverty, innovation, infrastructure development, and the sustainable development goals: lessons from emerging economies? Sustainability. 2021; 13 (11): 5788.
  6. Millington KA. How Changes in Technology and Automation Will Affect the Labour Market in Africa. Brighton, UK: Institute of Development Studies; 2017.
  7. Zahra IM. Towards a futuristic perspective of introducing AI into marketing communication education in Egypt. Egypt J Media Res. 2023; 2023 (84): 91–146.
  8. Monasterio Astobiza A, Ausín T, Liedo B, Toboso M, Aparicio M, López D. Ethical governance of AI in the global south: a human rights approach to responsible use of AI. Proceedings. 2022; 81 (1): 136.
  9. Nankervis A, Connell J, Montague A, Burgess J, editors. The Fourth Industrial Revolution: What Does It Mean for AUSTRALIAN industry? SUngapore: Springer Nature; 2021.
  10. Feder G, Berlin A, Haj-Yahia S, Kinmonth AL, Wallace P. Palestinian health care is a global responsibility. Lancet. 2019; 393 (10177): 1204.
  11. Pham QV, Nguyen DC, Huynh-The T, Hwang WJ, Pathirana PN. Artificial intelligence (AI) and big data for coronavirus (COVID-19) pandemic: a survey on the state-of-the-arts. IEEE Access. 2020; 8: 130820–130839.
  12. Radu R. Steering the governance of artificial intelligence: national strategies in perspective. Policy Soc. 2021; 40 (2): 178–193.
  13. Sharfi M. The GCC and global health diplomacy: the new drive towards artificial intelligence. In: Azar E, Haddad AN, editors. Artificial Intelligence in the Gulf: Challenges and Opportunities. Singapore: Palgrave Macmillan; 2021. pp. 117–139.
  14. Sharma M, Luthra S, Joshi S, Kumar A. Implementing challenges of artificial intelligence: evidence from public manufacturing sector of an emerging economy. Government Inform Q. 2022; 39 (4): 101624.
  15. Shiroishi Y, Uchiyama K, Suzuki N. Society 5.0: for human security and well-being. Computer. 2018; 51 (7): 91–95.
  16. Squicciarini M, Nachtigall H. Demand for AI skills in jobs: evidence from online job postings. OECD Science, Technology and Industry Working Papers. Paris, France: OECD; 2021.
  17. Strusani D, Houngbonon GV. The Role of Artificial Intelligence in Supporting Development in Emerging Markets. Washington, DC, USA: The World Bank Group; 2019.
  18. Su Z, Togay G, Côté AM. Artificial intelligence: a destructive and yet creative force in the skilled labour market. Human Resour Dev Int. 2021; 24 (3): 341–352.
  19. Ouyang Y, Wang L, Yang A, Shah M, Belanger D, Gao T, Wei L, Zhang Y. The next decade of telecommunications artificial intelligence. arXiv preprint arXiv:2101.09163. January 19, 2021. Available at https://arxiv.org/abs/2101.09163
  20. Tizhoosh HR, Pantanowitz L. Artificial intelligence and digital pathology: challenges and opportunities. J Pathol Informatics. 2018; 9 (1): 38.
  21. Vats A, Natarajan N. Events G20.AI: National Strategies, Global Ambitions. [Online]. Policycommons.net. 2022. Available athttps://policycommons.net/artifacts/2484710/g20ai/3507151/
  22. Wahl B, Cossy-Gantner A, Germann S, Schwalbe NR. Artificial intelligence (AI) and global health: how can AI contribute to health in resource-poor settings? BMJ Global Health. 2018; 3 (4): e000798.
  23. Zhang Y, Xiong F, Xie Y, Fan X, Gu H. The impact of artificial intelligence and blockchain on the accounting profession. IEEE Access. 2020; 8: 110461–110477.
  24. Government of India. Year End Review 2023 of Ministry of Electronics & Information Technology. 2017. Available at https://pib.gov.in/PressReleseDetail.aspx?PRID=1990385
  25. Sharma M, Luthra S, Joshi S, Kumar A. Implementing challenges of artificial intelligence: evidence from public manufacturing sector of an emerging economy. Government Inform Q. 2022; 39 (4): 101624.
  26. Demaidi MN. Artificial intelligence national strategy in a developing country. AI Soc. 2023; 1–3. doi: 10.1007/s00146-023-01779-x.
  27. Nielsen UB, Hannibal M, Larsen NN. Reviewing emerging markets: context, concepts and future research. Int J Emerg Markets. 2018; 13 (6): 1679–1698.
  28. Ajaykumar S, Tripathi P, Basrur A, Bag S, Mohan S. A Roadmap for AI Governance: Lessons from G20 National Strategies. [Online]. 2024. Available at https://policycommons.net/artifacts/ 12292831/a-roadmap-for-ai-governance/13187107/
  29. Abduljabbar R, Dia H, Liyanage S, Bagloee SA. Applications of artificial intelligence in transport: an overview. Sustainability. 2019; 11 (1): 189.
  30. Ahmed Z, Bhinder KK, Tariq A, Tahir MJ, Mehmood Q, Tabassum MS, Malik M, Aslam S, Asghar MS, Yousaf Z. Knowledge, attitude, and practice of artificial intelligence among doctors and medical students in Pakistan: a cross-sectional online survey. Ann Med Surg. 2022; 76: 103493.
  31. Alelyani M, Alamri S, Alqahtani MS, Musa A, Almater H, Alqahtani N, Alshahrani F, Alelyani S. Radiology community attitude in Saudi Arabia about the applications of artificial intelligence in radiology. Healthcare. 2021; 9 (7): 834.
  32. Arakpogun EO, Elsahn Z, Olan F, Elsahn F. Artificial intelligence in Africa: challenges and opportunities. In: Hamdan A, Hassanien AE, Razzaque A, Alareeni B, editors. The Fourth Industrial Revolution: Implementation of Artificial Intelligence for Growing Business Success. Cham, Switzerland: Springer; 2021. pp. 375–388.
  33. Barton D, Woetzel J, Seong J, Tian Q. Artificial Intelligence: Implications for China. San Francisco, CA, USA: McKinsey Global Institute; 2017.
  34. Bhattacharya P, Nakhare S. Exploring AI-enabled intelligent tutoring system in the vocational studies sector in UAE. In: 2019 Sixth HCT Information Technology Trends (ITT), Ras Al Khaimah, United Arab Emirates, November 20–21, 2019. pp. 230–233.
  35. Bourne C. AI cheerleaders: public relations, neoliberalism and artificial intelligence. Public Relat Inquiry. 2019; 8 (2): 109–125.
  36. Bugami MA. Saudi Arabia’s march towards sustainable development through innovation and technology. In: 2022 9th International Conference on Computing for Sustainable Global Development (INDIACom), New Delhi, India, March 23–25, 2022. pp. 01–06.
  37. Chatterjee S. AI strategy of India: policy framework, adoption challenges and actions for government. Transform Government People Process Policy. 2020; 14 (5): 757–775.
Regular Issue Subscription Review Article
Volume 11
Issue 02
Received 17/04/2024
Accepted 13/05/2024
Published 09/07/2024
633

Login


My IP

PlumX Metrics