AI to hit 40% of jobs and worsen inequality, IMF says::Policymakers should address the “troubling trend”, says the organisation’s managing director Kristalina Georgieva.

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    10 months ago

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    Artificial intelligence is set to affect nearly 40% of all jobs, according to a new analysis by the International Monetary Fund (IMF).

    Ms Georgieva adds that policymakers should address the “troubling trend” to “prevent the technology from further stoking social tensions”.

    Ms Georgieva said “many of these countries don’t have the infrastructure or skilled workforces to harness the benefits of AI, raising the risk that over time the technology could worsen inequality among nations”.

    “It is crucial for countries to establish comprehensive social safety nets and offer retraining programmes for vulnerable workers,” Ms Georgieva said.

    The IMF analysis comes as global business and political leaders gather at the World Economic Forum in Davos, Switzerland.

    Last month, European Union officials reached a provisional deal on the world’s first comprehensive laws to regulate the use of AI.


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