Business
The spirit of the G8 ‘make poverty history’ summit of 2005 seems long gone | Heather Stewart
Twenty years ago this weekend, the leaders of the world’s most powerful countries, chaired by Tony Blair, gathered at the Scottish golf resort of Gleneagles and made a series of historic promises on debt relief and overseas aid.
It was the culmination of a long-running public campaign involving charities, churches and celebrities, and benefited from the passionate commitment of Gordon Brown, for whom international development is a lifelong cause.
A few days before, more than 200,000 campaigners had gathered in Edinburgh and formed a noisy, joyful human chain, demanding that the world’s leaders “make poverty history”.
As a result of the momentum created and the promises made, international aid increased – and 36 countries eventually had their crippling overseas debts drastically reduced.
There are many reasons it would be hard to envisage a Gleneagles summit today.
The certainties of the early noughties, when globalisation felt like an unstoppable force underpinning economic growth and restraining inflation, are long gone.
Just three and a half years after Gleneagles, Brown, by then prime minister, was hosting a meeting of the G20 in London’s Docklands, at which global leaders scrambled to respond to the havoc wreaked by the global financial crash.
Old certainties were cast aside, relationships strained – and the claim to leadership of the old guard of the G8 industrialised countries was hopelessly undermined by the fact that the crisis originated on their doorstep.
The resulting deep recessions in many wealthy countries raised questions about voters’ commitment to global causes. In the UK, public support for development, once solid enough to encourage David Cameron to embrace the target of spending 0.7% of national income on aid, started to fall away from around 2012-13.
More recently, the world has become a much more fragmented, multipolar place. Middle-income countries such as China and India have demanded more prominence on the global stage. Russia’s territorial aggression in Ukraine prompted its expulsion from the G8 – now the G7 – and killed off any lingering hopes that free trade and capitalism would ultimately usher in liberal democracy.
Global solidarity was hard to summon, then, even before Donald Trump’s second term unleashed chaos in the global trading system.
The budgets of many rich-country governments have taken a battering from repeated economic shocks, at the same time as pressure is mounting for more defence spending to confront potential threats. Labour ministers are quite right when they say, “the world has changed”.
Yet despite the more fraught global backdrop, the campaigners who worked alongside Blair and Brown at Gleneagles and beyond have been profoundly shocked by this government’s casual disregard of development.
Three years ago, Keir Starmer was promising to undo Boris Johnson’s “misguided” decision to absorb the Department for International Development (DfID) back into the Foreign Office, “for so many reasons”.
Labour’s manifesto dropped this idea, but did suggest the UK had “lost influence” as a result of the Tories’ neglect of international development, and promise to “turn the page to rebuild Britain’s reputation”, restoring aid to 0.7%, “as soon as fiscal circumstances allow”.
Instead, Labour slashed the aid budget, with little discussion, when Starmer wanted to promise Donald Trump he would raise defence spending, on his White House trip in February.
Baroness Jenny Chapman, who replaced Anneliese Dodds when she resigned in protest at this deep budget cut, has insisted the UK still wants to lead on development. Yet it is hard to take the moral high ground while admitting that no area of policy, including projects to support women and girls’ health and education, will be safe from the cuts.
Labour has said it wants to create respectful partnerships with developing countries; but Save the Children UK’s director Moazzam Malik told me recently that the cuts will be felt by many countries not as a new-found era of collaboration, but as a withdrawal.
As the UK steps back, at the same time as Trump is dismantling USAID, the challenges in some of the world’s poorest countries have only intensified.
In particular, a blizzard of recent expert reports has called for action on the unsustainable debts squeezing many governments’ budgets.
The UN-backed Financing for Development conference in Seville last week ended with promises of reform, including the wider use of “pause clauses”, to halt repayments during natural disasters, for example – something the UK has supported.
More radical solutions, that might have included debt write-offs, did not make it through the negotiations; but South Africa hopes to use its chairmanship of the G20 to press for more progress in the coming months.
Michael Jacobs, a former Brown adviser, now visiting professor at the Overseas Development Institute, insists there was a sense of momentum on debt relief in Seville.
“It was the single most significant topic of debate. There is rising pressure on the creditor countries – including China – to act. So, as in 2005, the moment for a new international debt relief package may be arriving,” he argued.
Other campaigners returned from Seville notably downbeat, however, pointing to the difficulties of assembling a global coalition of the willing on development, in a time of tight budgets and fraying international bonds.
Summoning the spirit of Gleneagles may be too much to hope for, two decades on; but after a string of economic shocks, and as the climate emergency accelerates, the moral imperative to act remains – even if this Labour government can’t find it in a focus group or on a spreadsheet.
Read more:
Chronic condition management and early detection
While clinical judgment by an actual human is still critical to ensuring patients receive the best possible care, AI can support clinicians and their decision-making by providing a more complete view of patient health.
For instance, radiologists are now using AI to more
Earlier intervention in the case of Berger’s disease and other kidney conditions significantly impacts the economic burden of the disease, potentially saving plan sponsors between
Read more:
Automating administrative tasks
One of AI’s greatest assets is its ability to quickly assess large volumes of data to optimize clinical and administrative time. Medical practices are utilizing AI-enabled technology to improve administrative efficiency and patient care. Automated documentation tools can reduce the time physicians spend on
Administrative expenses account for 15% to 25% of
AI’s ability to process vast quantities of data also benefits health plan administrators. Plan sponsors can implement AI tools that provide members with personalized treatment and support, identify health plans during enrollment that best fit specific member needs and determine additional benefits for members and their families.
Read more:
Overcoming barriers to adoption
Despite its potential to reduce healthcare costs, improve patient outcomes and improve member experience, AI adoption is still slow. The initial investment required to implement AI can be high, and it includes the cost of the technology, staff training, system integration and maintenance of AI models, not to mention potential liability concerns.
When considering utilizing AI for the purposes of improving efficiency and outcomes, organizations in the healthcare industry are:
- Analyzing how AI solutions can support their population, and which modalities are likely to be (or have proven to be) successful
- Consulting with internal stakeholders from the beginning to identify potential challenges to adoption
- Evaluating potential cost savings and member outcomes
- Considering the quality and source of data used to train AI models
- Ensuring AI tools meet HIPAA requirements
AI in healthcare is no longer an idea of the future. It is here and already making significant improvements in patient outcomes. However, AI is dependent on data quality and clearly defined learning parameters to eliminate potential bias and make accurate predictions. Organizations must also weigh other risks associated with AI, such as informed consent issues that may arise if patients do not fully understand how their information is being used.
The conversational AI market is estimated to be valued at USD 13.08 Bn in 2025 and is expected to reach USD 55.11 Bn by 2032, growing at a compound annual growth rate (CAGR) of 22.8% from 2025 to 2032.
Latest Report, titled “Conversational AI Market” Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The report features a comprehensive table of contents, figures, tables, and charts, as well as insightful analysis. The Conversational AI market has been expanding significantly in recent years, driven by various key factors like increased demand for its products, expanding customer base, and technological advancements. This report provides a comprehensive analysis of the Conversational AI market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.
Get a Sample Copy of This Report @ https://www.coherentmarketinsights.com/insight/request-sample/6708
The report sheds light on the competitive landscape, segmentation, geographical expansion, revenue, production, and consumption growth of the Conversational AI market. The Conversational AI Market Size, Growth Analysis, Industry Trend, and Forecast provides details of the factors influencing the business scope. This report provides future products, joint ventures, marketing strategy, developments, mergers and acquisitions, marketing, promotions, revenue, import, export, CAGR values, the industry as a whole, and the particular competitors faced are also studied in the large-scale market.
Overview and Scope of the Report:
This report is centred around the Conversational AI in the worldwide market, with a specific focus on North America, Europe, Asia-Pacific, South America, Middle East, and Africa. The report classifies the market by manufacturers, regions, type, and application. It presents a comprehensive view of the current market situation, encompassing historical and projected market size in terms of value and volume. Additionally, the report covers technological advancements and considers macroeconomic and governing factors influencing the market.
Key Players Covered In This Report:
Google, Microsoft, Amazon Web Services, Inc., IBM, Oracle, Nuance Communications, Inc., FIS, SAP SE, Artificial Solutions, Kore.ai, Inc., Avaamo, Conversica, Inc., Jio Haptik Technologies Ltd., Rasa Technologies Inc., Solvvy, Pypestream Inc., Kasisto, Cognigy, MindMeld, and Creative Virtual
This Report includes a company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The data points provided are only related to the company’s focus related to Conversational AI markets. Leading global Conversational AI market players and manufacturers are studied to give a brief idea about competitions.
Key Opportunities:
The report examines the key opportunities in the Conversational AI Market and identifies the factors that are driving and will continue to drive the industry’s growth. It takes into account past growth patterns, growth drivers, as well as current and future trends.
Get discount on Purchase report @ https://www.coherentmarketinsights.com/insight/buy-now/6708
Highlights of Our Report:
⏩Extensive Market Analysis: A deep dive into the manufacturing capabilities, production volumes, and technological innovations within the Conversational AI Market.
⏩ Corporate Insights: An in-depth review of company profiles, spotlighting major players and their strategic manoeuvres in the market’s competitive arena.
⏩Consumption Trends: A detailed analysis of consumption patterns, offering insight into current demand dynamics and consumer preferences.
⏩Segmentation Details: An exhaustive breakdown of end-user segments, depicting the market’s spread across various applications and industries.
⏩ Pricing Evaluation: A study of pricing structures and the elements influencing market pricing strategies.
⏩ Future Outlook: Predictive insights into market trends, growth prospects, and potential challenges ahead.
Why Should You Obtain This Report?
➥ Statistical Advantage: Gain access to vital historical data and projections for the Conversational AI Market, arming you with key statistics.
➥ Competitive Landscape Mapping: Discover and analyze the roles of market players, providing a panoramic view of the competitive scene.
➥ Insight into Demand Dynamics: Obtain comprehensive information on demand characteristics, uncovering market consumption trends and growth avenues.
➥ Identification of Market Opportunities: Astutely recognize market potential, aiding stakeholders in making informed strategic decisions.
Get discount on Purchase report @ https://www.coherentmarketinsights.com/insight/buy-now/6708
Questions Answered by the Report:
(1) Which are the dominant players of the Conversational AI Market?
(2) What will be the size of the Conversational AI Market in the coming years?
(3) Which segment will lead the Conversational AI Market?
(4) How will the market development trends change in the next five years?
(5) What is the nature of the competitive landscape of the Conversational AI Market?
(6) What are the go-to strategies adopted in the Conversational AI Market?
Author of this marketing PR:
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice’s dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard,
Suite 400, Burlingame,
CA 94010, United States
About Us:
Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviours, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.
This release was published on openPR.
-
Funding & Business1 week agoKayak and Expedia race to build AI travel agents that turn social posts into itineraries
-
Jobs & Careers1 week ago
Mumbai-based Perplexity Alternative Has 60k+ Users Without Funding
-
Mergers & Acquisitions1 week ago
Donald Trump suggests US government review subsidies to Elon Musk’s companies
-
Funding & Business1 week ago
Rethinking Venture Capital’s Talent Pipeline
-
Jobs & Careers7 days ago
Why Agentic AI Isn’t Pure Hype (And What Skeptics Aren’t Seeing Yet)
-
Funding & Business5 days ago
Sakana AI’s TreeQuest: Deploy multi-model teams that outperform individual LLMs by 30%
-
Jobs & Careers7 days ago
Astrophel Aerospace Raises ₹6.84 Crore to Build Reusable Launch Vehicle
-
Jobs & Careers7 days ago
Telangana Launches TGDeX—India’s First State‑Led AI Public Infrastructure
-
Funding & Business1 week agoFrom chatbots to collaborators: How AI agents are reshaping enterprise work
-
Jobs & Careers5 days ago
Ilya Sutskever Takes Over as CEO of Safe Superintelligence After Daniel Gross’s Exit
