Survey of 94 economists: 54% expect AI's gains to spread across the G20 over the next decade, not just the US and China; 32 see African countries falling behind

AI's economic benefits are now projected to reach more countries, potentially lowering costs and increasing efficiencies for businesses operating internationally.

A survey of 94 economists reveals expectations for AI's economic benefits to extend globally over the next decade, not just concentrating in major economies like the US and China. Fifty-four percent of respondents believe these gains will spread across the G20 nations. However, a significant portion, 32 economists, anticipate that African countries will fall behind in this AI-driven growth, suggesting a potential widening of the global economic divide.

The consensus among economists indicates a shift in AI's impact, moving from a potentially localized phenomenon to a force with widespread G20 influence. This suggests that businesses can anticipate a more standardized technological uplift across developed and emerging economies, influencing supply chains and market dynamics. The expectation of broader diffusion implies that infrastructure and talent development in these regions will become increasingly important for multinational corporations seeking to leverage AI.

Conversely, the prediction that African nations may lag behind highlights a critical risk of exacerbating existing inequalities. This could mean that companies relying on or operating within African markets might face a competitive disadvantage due to slower AI adoption. It also signals a potential area for strategic investment or partnerships for those aiming to bridge this technological gap and tap into future growth markets.