AI Advances and Falling R&D Threaten Pakistan's Labor-Driven Growth
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AI advancements like OpenAI's Soro are making content creation incredibly easy, threatening jobs.
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Funding for AI fell in 2023 but held up better than overall VC funding, showing its growing importance.
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Pakistan's competitive advantage of cheap labor may erosion as AI automates jobs.
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To avoid irrelevance, Pakistan must invest in R&D to boost productivity.
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Pakistan spends just 0.16% of GDP on R&D, well below the 2.71% global average, so more investment is critical.