AI Expected to Impact 40% of Jobs Globally by Replacing or Complementing Roles – IMF Analysis

AI Expected to Impact 40% of Jobs Globally by Replacing or Complementing Roles – IMF Analysis

AI [artificial intelligence] will affect almost 40 percent of jobs around the world, “replacing some and complementing others.” So that’s why we may “need a careful balance of policies to tap its potential,” according to an update shared by the International Monetary Fund (IMF) .

In a blog post by the IMF, it was noted that we’re “on the brink of a technological revolution that could jumpstart productivity, boost global growth and raise incomes around the world. Yet it could also replace jobs and deepen inequality.”

The IMF update also mentioned that the rapid advance of artificial intelligence has captivated the […]

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