IMF warns AI to hit almost 40% of jobs worldwide and worsen overall inequality.
IMF warned that nearly 40% of jobs across the globe could be affected by the rise of artificial intelligence, with high-income economies facing greater risks.
Washington, D.C.-based institution assessed the potential impact of AI on the global labor market on Sunday, in most cases, the technology is likely to worsen overall
IMF chief Kristalina Georgieva urged policymakers to tackle this “troubling trend” and to take steps “to prevent the technology from further stoking.”
IMF noted that about 60% of jobs could be impacted by AI in high-income nations, and roughly half of these may benefit from AI integration to boost.
Comparatively, AI exposure was estimated to come in at 40% in emerging markets and at 26% in low-income countries.
IMF also flagged that AI could affect income and wealth inequality within countries, warning of “polarization within income brackets.”
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