ChatGPT and other AI will challenge Latin American economies. Few leaders are noticing | Opinion

ChatGPT and other AI will challenge Latin American economies. Few leaders are noticing | Opinion

New studies about the likely economic impact of ChatGPT and other artificial intelligence-powered tools should be sounding alarm bells throughout Latin America: They suggest that the region may fall further behind the technologically-advanced world.

Generative artificial intelligence, as the latest technology is known, is likely to add up to $4.4 trillion a year to the world economy, according to a just-released study by the McKinsey consulting firm. But much of the additional economic gains will go to technologically-advanced countries, the report says.

While artificial intelligence (A.I.) will boost productivity by 3.6% in the United States, 3. 9% in Germany and 4.2% […]

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