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

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

Gaza Dispute Says advanced economies are at greater risk, but also better placed to take advantage

WASHINGTON (Web Desk) – Around 40 per cent 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 per cent of jobs are exposed to AI, due to prevalence of cognitive-task-oriented jobs, says the IMF in a latest report “Gen-AI: Artificial Intelligence and the Future of Work”.The world’s top financial institution says […]

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