/Emerging Economies More Optimistic about Artificial Intelligence

Emerging Economies More Optimistic about Artificial Intelligence

Key point: Citizens of emerging economies were significantly more likely than those from more economically developed countries to expect AI to significantly impact daily life.

Original author and publication date: MD Staff – January 9, 2022

Futurizonte Editor’s Note: “When asked whether AI would make their lives easier or better, respondents (in emerging economies) were more likely to be optimistic in less economically developed countries. 

From the article:

According to a new survey, six out of ten expect that products and services using artificial intelligence will profoundly change their daily life in the next three to five years and half feel that this has already happened.

60% of respondents believe that products and services using AI will make their life easier, but four in ten admitted that the use of AI makes them nervous.

These are some of the findings of a 28-country survey conducted by Ipsos for the World Economic Forum of 19,504 adults under the age of 75 between November 19 and December 3, 2021.

“In order to trust artificial intelligence, people must know and understand exactly what AI is, what it’s doing, and its impact,” said Kay Firth-Butterfield, Head of Artificial Intelligence and Machine Learning at the World Economic Forum. “Leaders and companies must make transparent and trustworthy AI a priority as they implement this technology. At the World Economic Forum, we are focused on multistakeholder collaboration to optimize accountability, transparency, privacy and impartiality to create that trust. With the ability to solve many of society’s pressing issues, we are focused on accelerating the benefits and mitigating the risks of artificial intelligence and machine learning. Only then can we gain public trust and benefit from the rewards of emerging tech like AI.”

Impact of artificial intelligence on daily life

While a majority of global respondents agreed that AI is likely to profoundly change everyday life, certain sectors were expected to experience more noticeable levels of change than others. The areas that people expect to change the most due to AI are education and learning (cited by 35%), safety (33%), employment (32%), shopping (31%), and transportation (30%).

Citizens of emerging economies were significantly more likely than those from more economically developed countries to expect AI to significantly impact daily life.

Some 80% of respondents in China and Saudi Arabia expect AI to change their life, but less than half in Canada, Germany, France, United Kingdom, and the U.S. do.

Similarly, when asked whether AI would make their lives easier or better, respondents were more likely to be optimistic in less economically developed countries. For example, 76% in Saudi Arabia, and 70% in Peru agreed that AI would have more benefits than drawbacks, as opposed to only 31% in France, 32% in Canada, and 35% in the U.S.

The areas that people expected AI to impact most positively were education and learning (77%), entertainment (77%), transportation (74%), and the home (73%).

However, the global public was evenly divided on its benefits when it comes to income (better for only 53%), personal and family relationships (50%), and employment (47%).

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