Artificial intelligence to impact 40pc global jobs, widen labour income inequality: IMF

Artificial intelligence to impact 40pc global jobs, widen labour income inequality: IMF

Around 40 percent of global employment is exposed to AI (artificial intelligence), the International Monetary Fund (IMF) says, adding that the advanced economies are at greater risk but also better poised to exploit the benefits than emerging market and developing economies.

In advanced economies, about 60 percent of jobs are exposed to AI, due to the prevalence of cognitive-task-oriented jobs, says the IMF in the latest report “Gen-AI: Artificial Intelligence and the Future of Work”.

The world’s top financial institution says AI is set to profoundly change the global economy, with some commentators seeing it as akin to a new industrial […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.