Posted 1/14/2024, 11:21:00 PM
AI's Double-Edged Sword: Automation to Impact 60% of Jobs in Wealthy Nations, But Policy Changes Could Aid Adoption
- AI will impact 60% of jobs in advanced economies, according to IMF Managing Director Kristalina Georgieva
- 40% of global employment is exposed to AI overall
- Half of the jobs impacted will be negatively affected, the other half may benefit from productivity gains
- AI may exacerbate digital divides and cross-country income disparities
- Policy prescriptions can help address concerns and help low-income countries catch AI opportunities