AI will have impact on 40% of jobs around the world, warns IMF

AI will have impact on 40% of jobs around the world, warns IMF

A futuristic light sign generated by artificial intelligence The International Monetary Fund (IMF) has warned that artificial intelligence (AI) could impact 40% of jobs worldwide.

The IMF suggests the effect will be more significant in advanced economies, with around 60% of roles affected. About half of these workers will benefit from AI integration, which could boost productivity.

However, the rest might face lower wages, reduced hiring and, "in the most extreme cases, some of these jobs may disappear", according to the IMF. In a new report on AI and machine learning, the IMF said the technology could increase inequality between nations […]

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