Session

Artificial Intelligence Adoption and Economic Development: A Comparative Analysis of Nigeria and USA

This research conducts a comparative analysis of the impact of artificial intelligence (AI) adoption on economic development in Nigeria and the United States. Utilizing extensive datasets spanning from 2015 to 2022, encompassing GDP growth, AI adoption rates, and poverty rates, this study employs regression, correlation, and time-series analyses to explore the relationship between AI adoption and key economic indicators. The findings reveal nuanced dynamics between AI adoption and economic development, showcasing both opportunities and challenges in leveraging AI for inclusive growth. While AI adoption demonstrates potential positive effects on GDP growth, its impact on poverty rates requires careful consideration. Contextual differences between Nigeria and the United States underscore the importance of tailored policy interventions and investment strategies to maximize the benefits of AI adoption for sustainable economic development. This study contributes empirical insights and actionable recommendations for policymakers, researchers, and stakeholders seeking to harness AI for economic growth and poverty reduction.

Keywords: Artificial intelligence, AI adoption, economic development, Nigeria, United States, comparative analysis, GDP growth, poverty rates, regression analysis, correlation analysis, time-series analysis.

Nura Bishir

MotherCat Ltd, Site Engineer

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