rich nations

The World Bank suggests that workers in poorer economies are more likely to benefit from AI technology than be replaced by it, indicating developing countries have 'less to fear' from AI compared to wealthy nations.

Developing countries are facing increased difficulty in achieving prosperity as the previous rules-based global market, where rich nations accepted trade surpluses, no longer exists.

The article argues that wealthy nations should prioritize unleashing land, labor, energy, and capital to drive growth. It warns that policymakers' shift toward industrial interventionism risks overlooking these fundamental economic drivers.