Artificial intelligence will affect up to 40% of jobs worldwide, IMF warns

Artificial intelligence will affect up to 40% of jobs worldwide, IMF warns

Artificial intelligence will affect up to 40% of jobs worldwide, the International Monetary Fund (IMF) has warned.

This could rise to 60% of roles in advanced economies like the UK – but it is believed that, in half of these cases, AI will benefit the workforce.

In a new report, the IMF warned that AI’s consequences for society remain difficult to foresee, but the technology is likely to exacerbate income and wealth inequality.Developing economies are much less likely to "seize" AI’s advantages, fuelling a digital divide and increasing income disparity between countries.Kristalina Georgieva, the IMF’s managing director, said the world is […]

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