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Economy Featured News World

Can AI give small scale producers the right advice?

The World Bank has long recognized the critical importance of agricultural extension services – ranging from training and data to technology transfer – which make up the second-largest share of its agriculture portfolio.  Yet farmers have often been slow to adopt the very methods and tools these services are designed to deliver—limiting their own productivity and […]

Technology Featured Innovation Productivity World

Task-based returns to generative AI: Evidence from a central bank

How does generative AI affect real workplace productivity? This column reports results from an experiment at the National Bank of Slovakia, where staff were randomly assigned GPT-4o access while completing routine and non-routine tasks. The model improved output quality by up to 44% and cut completion time by 21%, with the largest gains on non-routine, […]