IMF warns that AI will take 40 per cent of western jobs

Stefan Mileschin · 17th January 2024, 06:21

Rich countries worst hit

The International Monetary Fund (IMF) has warned about AI's impact on the world's job market, saying that nearly 40 per cent of jobs could be hit.

In a new report, the IMF said that rich countries are most at risk from AI, urging quick action to stop growing inequality.

IMF boss Kristalina Georgieva said she is worried about the "scary trend", and told policymakers to deal with AI problems, to stop the tech from making social tensions worse.

"We are on the edge of a tech revolution that could boost productivity, grow the world economy, and raise incomes everywhere. But it could also kill jobs and make inequality worse," Georgieva said.
https://fudzilla.com/news/ai/58268-i...f-western-jobs

17th January 2024, 06:21	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,618	IMF warns that AI will take 40 per cent of western jobs Rich countries worst hit The International Monetary Fund (IMF) has warned about AI's impact on the world's job market, saying that nearly 40 per cent of jobs could be hit. In a new report, the IMF said that rich countries are most at risk from AI, urging quick action to stop growing inequality. IMF boss Kristalina Georgieva said she is worried about the "scary trend", and told policymakers to deal with AI problems, to stop the tech from making social tensions worse. "We are on the edge of a tech revolution that could boost productivity, grow the world economy, and raise incomes everywhere. But it could also kill jobs and make inequality worse," Georgieva said. https://fudzilla.com/news/ai/58268-i...f-western-jobs

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