AI Policy
AI could boost LatAm, Caribbean economy 5.1% over a decade but wages may fall, IDB says
Inter-American Development Bank warns of productivity gains offset by potential wage suppression in the region.
AI could boost LatAm, Caribbean economy 5.1% over a decade but wages may fall, IDB says Reuters
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Reuters Technology
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The Inter-American Development Bank highlights a critical paradox where AI-driven productivity gains may fail to translate into broader prosperity for the workforce. This report underscores the urgent need for regional policy frameworks that balance technological adoption with robust social safety nets to prevent widening income inequality.
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