International Research Award on Computer Vision: Artificial Intelligence Preparedness Index 2024 – India Ranks at 72nd #ScienceFather #researchawards

The International Monetary Fund (IMF) just released a full Artificial Intelligence Preparedness Index (AIPI) Dashboard. This tool will sort and rank 174 countries around the world based on how ready they are to use AI. The goal of this project, which was posted on their website, is to see how well each country can use and adapt AI technologies.

There are three main groups of countries that the AIPI looks at: Low-Income Countries (LIC), Emerging Market Economies (EM), and Advanced Economies (AE). Singapore, Denmark, and the United States are at the top of the list of AEs, with scores of 0.80, 0.78, and 0.77, respectively. India, which is an EM, got a score of 0.49 and is now ranked 72nd in the world. Bangladesh, Sri Lanka, and China, which are all close by, were ranked 113th, 92nd, and 31st, with scores of 0.38, 0.43, and 0.63, respectively.

Four main areas are used to judge a country’s AI readiness: its digital infrastructure, its human capital and labor market policies, its creativity and economic integration, and its rules and regulations. The IMF can correctly figure out how each country can use AI technologies to its advantage by looking at them as a whole.

In a study released in January, the IMF pointed out the big effect AI could have on jobs around the world. It said that AI could threaten about 33% of jobs in Advanced Economies, 24% of jobs in Emerging Markets, and 18% of jobs in Low-Income Countries. In total, it said that AI could threaten about 40% of jobs around the world. However, it was also emphasized that AI can boost productivity and help new industries and jobs grow.

Giovanni Melina, an economist at the IMF, wrote a piece that talked about the two sides of AI’s fast growth. AI has the potential to make economic inequality worse, but it also has the potential to make people more productive, create jobs, and start new industries. In reaction to these problems and chances, the AIPI Dashboard is meant to give policymakers, researchers, and the public the information they need to make smart decisions about how to make sure that everyone can enjoy the benefits of AI progress.

InternationalResearch Awards on Computer Vision

The International Research Awards on Computer Vision recognize groundbreaking contributions in the field of computer vision, honoring researchers, scientists and innovators whose work has significantly advanced the domain. This prestigious award highlights excellence in fundamental theories, novel algorithms and real-world applications, fostering progress in artificial intelligence, image processing and deep learning.

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