Top 10 AI countries: AI’s agenda is written in headline-making terms, promising to change, in the near future, jobs, trade, the internet and logistics as we know them in global economy.
The International Monetary Fund (IMF) estimates, pre-COVID 19, global employment was at 1.5 billion and nearly 40% is vulnerable to automation by AI, including technologies like Robotics and automation, and industries differ in vulnerability to AI.
This map shows the top 10 AI countries with the highest level of preparedness for AI as per the IMF’s dataset on AI Preparedness Index; the rest of the 164 countries are ranked out of 10 and shaded, accordingly.
It comprises eight institutions such as the International Labour Organization, World Bank for 174 countries on a global basis for the year 2023.
Given the increasing usage of AI, data show that Grand View Research points to the fact that the global AI market is expected to register a CAGR of 36.6% by 2030 from the year 2024.
IMF explains this will lead to the faster feel of its positives and negatives in the advanced economy if compared to the emerging market and developing economies because employment structure here is more inclined to the cognitive intensity of jobs than the physical.
Therefore, for advanced economies and developed markets, improving the set of institutions and accelerating the rearrangement of labour resources while preserving affected individuals need to be priorities.
On the other hand, emerging market and developing economies should prioritise efforts to provide strong digital foundation and support digital capability.
Top 10 AI countries Who are most prepared to adopt AI
According to BCG, about 94% of consumers in India and the UAE know ChatGPT, and in China and KSA, the figure is above 80%.
As artificial intelligence has increasingly integrated into our everyday lives today, the IMF’s AI Preparedness Index 2023, using the average of its four key metrics: Through qualitative measures on digital infrastructure, human capital, technological innovation and these legal frameworks, the author has categorized the countries according to their readiness for the incorporation of the artificial intelligence.
Top 10 AI countries most prepared to embrace artificial intelligence, as of 2023:
| Rank Country | AI Preparedness Index Score (0-1) |
| 1. Singapore | 0.80 |
| 2. Denmark | 0.78 |
| 3. United States | 0.77 |
| 4. Netherlands | 0.77 |
| 5. Estonia | 0.76 |
| 6. Finland | 0.76 |
| 7. Switzerland | 0.76 |
| 8. New Zealand | 0.75 |
| 9. Germany | 0.75 |
| 10. Sweden | 0.75 |
The most advanced country to address the challenges of unmediated API integration is Singapore, which has spent hundreds of millions of dollars to increase artificial intelligence efficiency and aid national artificial intelligence strategies; its API score is 0.80.
LinkedIn also reports that Singaporean workers are also the quickest to add artificial intelligence skills in the global market.
Covering a total of 174 countries for 2023, the IMF has ranked the top 10 AI countries most prepared for AI, as of 2023:
The top 10 AI countries to launch national artificial intelligence strategies have been among the early adopters of advanced digital economies; they are the Northwestern European nations such as Denmark, the Netherlands, Estonia, Finland, and Sweden ranked 2, 4, 5, 6 and 10 respectively.
Artificial intelligence Strategy of Finland launched in 2017 focused on increasing the competitiveness of corporations and effectiveness of data. , where Sweden’s 2018, “National Approach for Artificial Intelligence,” opted for education, research as well as infrastructure as key priorities.
India’s position in Top 10 AI preparedness
India stands out with 338 startups and the highest percentage of users; 45% of the participants confessed that they are using ChatGPT, according to BCG.
Nonetheless, the emerging market economy of India has artificial intelligence Preparedness Index rating 0.49 that places the country at 72nd out of 174 categories defined countries, Bangladesh is ranked 113 at 0.38, Sri Lanka ranked 92 at 0.43, and China ranked 31 at 0.63.
Measuring Top 10 AI Preparedness
The IMF’s artificial intelligence Preparedness Index is the average of four key metrics
Digital infrastructure
Human capital
Technological innovation
Legal frameworks
It is important to note that all the metrics have sub-indicators such as sustained human capital investment, inclusive STEM expertise, vibrant R&D ecosystem, flexible legal environment for digital business and many others.
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