Developing economies are relegated to the extractive sector amid the rise of AI

On October 9 in Geneva, a report highlighted a growing disparity in global investment patterns amid the rise of artificial intelligence. Developed economies are currently securing approximately 70 percent of the value of new investments directed toward high-value strategic sectors. In contrast, low- and middle-income nations are primarily attracting investment focused on the extractive industry. This trend suggests that developing countries are being relegated to roles centered on raw material extraction rather than high-tech development within the global AI-driven economy.