Posted 1/15/2024, 10:53:00 AM
AI Disruption Could Impact 60% of Jobs, Worsen Inequality Without Action: IMF Chief
- AI will affect 40% of jobs globally and may worsen inequality without intervention, says IMF chief
- 60% of jobs in advanced economies like the US and UK exposed to disruption from AI
- High exposure roles with low chance of benefitting from AI, like telemarketers, most at risk
- AI may reduce hiring and wages for about half of exposed jobs
- Social safety nets and retraining programs crucial to make AI transition more inclusive