IMF Analysis Warns: Artificial Intelligence to Impact 40% of Jobs
The International Monetary Fund (IMF) has released a new analysis predicting that artificial intelligence (AI) is poised to influence almost 40% of all jobs globally. Kristalina Georgieva, the Managing Director of the IMF, emphasizes that, in most scenarios, AI is likely to exacerbate overall inequality. Ms. Georgieva calls for proactive measures from policymakers to address this “troubling trend” and prevent technology from intensifying social tensions.
According to the IMF report, advanced economies will experience a higher impact, with AI affecting around 60% of jobs. In half of these cases, workers are expected to benefit from AI integration, leading to increased productivity. However, in other instances, AI’s ability to perform tasks currently handled by humans could reduce labor demand, impacting wages and potentially eliminating jobs.
In contrast, low-income countries are projected