Artificial Intelligence Preparedness Index (AIPI)

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About Artificial Intelligence Preparedness Index (AIPI):

It assesses the level of AI preparedness across 174 countries.
The rating for each country is given based on the assessment of readiness in four key areas – digital infrastructure, human capital and labour market policies, innovation and economic integration, and regulation and Ethics.
The Index has categorised each country into Advanced Economy (AE), Emerging Market Economy (EM), and Low-Income Country (LIC).
- Singapore (0.80), Denmark (0.78), and the United States (0.77) are among the highest-rated AEs,
- India categorised as an EM with a 0.49 rating. India ranks 72 in a total of 174 countries, with Bangladesh (0.38) on 113, Sri Lanka (0.43) on 92, and China (0.63) on 31.

Key facts about International Monetary Fund

It fosters economic growth and employment by providing temporary financial assistance to countries to help ease the balance of payments adjustment and technical assistance.
It was formed in 1944 at the Bretton Woods Conference with the goal of reconstructing the international monetary system.
Important Reports: World Economic Outlook and Global Financial Stability Report
Headquarters: Washington, DC, USA.

Q1: What is Artificial General Intelligence?

It refers to a machine or a software that can perform any intellectual task that a human can do. This includes reasoning, common sense, abstract thinking, background knowledge, transfer learning, ability to differentiate between cause and effect, etc.

Source: IMF Maps 174 Countries’ Artificial Intelligence Readiness. India Is At…