Wednesday, January 24, 2024

AI to hit 40% of jobs and worsen inequality, IMF says - Annabelle Liang, BBC

Artificial intelligence is set to affect nearly 40% of all jobs, according to a new analysis by the International Monetary Fund (IMF). IMF's managing director Kristalina Georgieva says "in most scenarios, AI will likely worsen overall inequality". Ms Georgieva adds that policymakers should address the "troubling trend" to "prevent the technology from further stoking social tensions". The proliferation of AI has put its benefits and risks under the spotlight. The IMF said AI is likely to affect a greater proportion of jobs - put at around 60% - in advanced economies. In half of these instances, workers can expect to benefit from the integration of AI, which will enhance their productivity.