Vienna Development Knowledge Center

In connection with an 'AI in Education' workshop hosted by the Vienna Development Knowledge Center, the World Bank's Rafael de Hoyos urged caution regarding the rollout of AI in schools. Speaking to major Austrian daily KURIER, he advocated for a scientific, evidence-based approach, referencing past technology implementation failures. He stressed the need for pilot projects, data protection and addressing potential inequalities, emphasizing that education systems must adapt strategically with a focus on core skills and teacher training to benefit all students, especially the disadvantaged.

In the latest FINEANCE podcast episode, Richard Record, Acting Country Manager for Albania and Lead Economist for the Western Balkans at the World Bank, discusses the organization's evolving role beyond finance, emphasizing reform delivery and knowledge dissemination. He also highlights the Vienna Development Knowledge Center's impact on addressing economic challenges in developing countries across Europe and Central Asia, and stresses the vital role young people play in shaping the future through curiosity, skepticism, and active engagement.