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AI can boost growth in BRICS but worsen poverty without strong governance

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Artificial intelligence (AI) can promote long-term economic growth in BRICS-Plus countries but may simultaneously increase poverty in the short term if governance frameworks are weak, a new international study has found. Published in the journal AI & Society, the study "Artificial intelligence (AI)-poverty-economic growth nexus in selected BRICS-Plus countries: does the moderating role of governance matter?" by Dr. Charles Shaaba Saba of the University of Johannesburg analyzed data from 2012 to 2023 across Brazil, Russia, India, China, and South Africa. Using econometric modeling, the research assessed whether AI investments contribute to higher GDP and reduced poverty, and whether governance quality…

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