AI Automation Could Impact 40% of Jobs Globally, But Risks Can Be Mitigated With Policy Changes
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Nearly 40% of jobs globally could be impacted by AI, with 60% of jobs at risk in advanced economies like the US, according to an IMF report
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Half of the jobs exposed to AI could benefit from productivity gains, while the other half could see lower wages and job losses as tasks are automated
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Workers with repetitive jobs are most at risk of replacement by AI; developing broad skills and knowledge of new technologies can help mitigate risks
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AI poses risks like deepfakes that manipulate images and video, requiring protections against misuse
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More government oversight and shifting tax incentives to support workers over machines are needed to protect jobs as AI adoption increases