IMF: AI Will Displace Jobs and Heighten Inequality, Urges Support for Workers
• IMF warns AI will impact 60% of US jobs, increase inequality worldwide
• Study estimates AI will affect 40% of jobs globally, hitting 60% in advanced economies like the US
• AI set to exacerbate inequality between and within countries as some workers embrace it and others fall behind
• IMF urges countries to establish social safety nets, retraining to make AI transition more inclusive
• IMF advises regulations for responsible AI adoption in advanced nations, investments in emerging nations