The implications of Artificial Intelligence on international development management

Abstract

Artificial Intelligence (AI) has emerged as a powerful tool revolutionizing various sectors globally, including international development management. This research aims to explore the current landscape of AI implementation in global development management, assess the benefits and challenges associated with its adoption, and propose relevant policies and practices. A mixed research design, comprising qualitative and quantitative methods, was utilized to gather data from secondary sources. The qualitative section of the study draws upon case studies from diverse operational sectors to examine the impact of AI adoption. These case studies highlight how AI contributes to improved performance in various industries and the potential positive effects on individuals’ lives. The quantitative part of the research utilizes data from renowned databases such as World Bank Open Data, United Nations Development Programme, International Monetary Fund (IMF), OECD Stat, and Global Open Data Index. Integrating qualitative and quantitative data allows for a comprehensive understanding of AI implementation’s economic growth and development across different organizations worldwide. The findings reveal that AI adoption in international development management holds significant promise for enhancing organizational efficiency and individuals’ well-being. However, the research also identifies various challenges associated with AI implementation, such as ethical considerations and potential job displacement. To address these issues, the study proposes policy recommendations and best practices that can guide organizations and policymakers in effectively harnessing the transformative potential of AI. This research contributes to international development management by providing a deep understanding of the importance of AI in the current context. The study offers insights for organizations adopting AI and assists policymakers in identifying and resolving pertinent challenges. By completing this study, organizations and policymakers can proactively address the existing problems and develop strategies to maximize the benefits of AI while minimizing potential risks. In summary, this research underscores the immense potential of AI in driving development and improving lives, laying a foundation for future advancements in international development management.