Current Context: The Technology and Innovation Report 2025, titled “Inclusive Artificial Intelligence(AI) for Development”, was released by UNCTAD (United Nations Conference on Trade and Development).
About
- Aims to guide inclusive AI policies for development.
AI Investment (2023):
- US: $67 billion (70% of global share)
- China: $7.8 billion
- India: $1.4 billion (10th position)
- India ranked 36th in 2024 on Readiness for Frontier Technologies Index (up from 48th in 2022).
Concerns:
- 100 firms (mostly US & China) drive 40% of global R&D.
- 118 Global South countries excluded from AI governance.
- Up to 40% of global jobs could be affected by AI.
Recommendations:
- Focus on reskilling, infrastructure, data ecosystems, and digital skills.
- Create global AI access facility.