The world, we're told, faces a “polycrisis” - concurrent environmental, economic, social, public health and geopolitical crises, whose complex and compounding relationships are poorly understood but affect us nonetheless. Developing and emerging markets, in particular, are gripped by social unrest, climate change, geopolitical tensions, and demographic and public health pressures. Governments, investors, and the donor community struggle to effectively determine how to tackle these interlocking challenges. Artificial intelligence holds the potential for us to better forecast polycrisis consequences (such as social or economic unrest); more precisely identify location-specific drivers; and design smarter, holistic interventions that mitigate risks and more effectively advance inclusive development. At the same time, AI also poses a range of significant risks, including potential perpetuation (and exaggeration) of bias, with discriminatory and destabilizing outcomes. With implications for policymakers, donors and investors alike, this panel will illuminate AI's advances – and potential risks – as a tool for bolstering resilience and inclusive growth in developing and emerging markets.