The World Bank will now fund infrastructure before funding AI apps
What happened
The World Bank is changing how it operates, aiming to be faster and less bureaucratic. This means it will shift from directly funding many small projects to supporting larger, more systemic changes in countries.
Why it matters
For years, development agencies assumed that once AI tools were available, poorer countries would catch up. This document shows the World Bank is now prioritizing foundational infrastructure like electricity and internet access. This shift acknowledges that technology alone cannot solve development challenges without basic operational capacity.
The signal
Watch for new World Bank project announcements to see if they focus more on basic infrastructure and capacity building rather than direct technology deployment.