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The Inter-American Development Bank reports that widespread adoption of artificial intelligence is expected to increase Latin America and the Caribbean's GDP by 5.1% in ten years. If workers are unable to successfully transition to expansionary jobs brought about by AI, wage levels in the region may drop by 13.5% to 20.9%; conversely, if the transformation is successful, wages are expected to rise by 2.3% to 5.3%.
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The Inter-American Development Bank reports that widespread adoption of artificial intelligence is expected to increase Latin America and the Caribbean's GDP by 5.1% in ten years. If workers are unable to successfully transition to expansionary jobs brought about by AI, wage levels in the region may drop by 13.5% to 20.9%; conversely, if the transformation is successful, wages are expected to rise by 2.3% to 5.3%.
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