IMF Chief Warns AI Could Impact 40% of Jobs Globally, Risks Worsening Inequality Without Safety Nets
• Nearly 40% of global jobs could be impacted by rise of AI, worsening inequality • In advanced economies, 60% of jobs may be affected; AI could eliminate roles or lower wages • In emerging markets, 40% of jobs could be impacted; 26% in low-income countries • AI adoption risks social unrest if younger workers utilize it more than older staff • IMF chief calls for social safety nets, retraining to offset AI's impact on workforce