IMF Report: Nearly 40% of Global Jobs to be Impacted by Artificial Intelligence (AI)

IMF Report: Nearly 40% of Global Jobs to be Impacted by Artificial Intelligence ai
IMF Report: Nearly 40% of Global Jobs to be Impacted by Artificial Intelligence ai

IMF Report: Nearly 40% of Global Jobs to be Impacted by Artificial Intelligence.

The International Monetary Fund (IMF) shared a report, talked about by IMF’s leader Kristalina Georgieva, stating that Artificial Intelligence (AI) could influence a significant portion of jobs globally. She said in an interview that AI will affect 60 percent of jobs in advanced economies. The report points out the possible challenges and advantages brought by AI.

She said AI can be a danger to jobs worldwide, yet it’s also a big chance to increase productivity and drive global growth. Georgieva explained, “Your job might go away, which is not great, or AI could make your job better, making you more productive and increasing your income.”

The IMF report says AI will affect jobs less in developing countries, but they might miss out on productivity gains. Georgieva stressed the need to support low-income countries so they can quickly seize the opportunities AI brings.

AI might change how money is distributed in a country. There could be a split in incomes, where those who use AI well earn more, and those who don’t fall behind. Studies suggest AI helps less experienced workers get better at their jobs faster. Younger folks might find it easier to benefit, but older workers could face challenges in adjusting.

Companies are spending a lot on AI, making employees worry about their jobs. The IMF looked into this just as the world is thinking about rules for AI. The European Union made a tentative deal in December for AI safeguards, but the United States is still figuring out its federal rules.

What are your thoughts on this News?

Comment Your thoughts Below.

Visit https://ainews.instamart.ai/ to read interesting AI News Daily

Follow our Instagram for Daily AI Content: Click here

Visit www.instamart.ai for our DevOps and Data Services

 

Suraj Kumar
6 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. Reply
    AeroSlim Weight loss dosage February 25, 2024 at 9:29 pm

    Somebody essentially lend a hand to make significantly articles Id state That is the very first time I frequented your website page and up to now I surprised with the research you made to make this actual submit amazing Wonderful task

  2. I was recommended this website by my cousin I am not sure whether this post is written by him as nobody else know such detailed about my trouble You are amazing Thanks

  3. I do trust all the ideas youve presented in your post They are really convincing and will definitely work Nonetheless the posts are too short for newbies May just you please lengthen them a bit from next time Thank you for the post

  4. Hi my family member I want to say that this post is awesome nice written and come with approximately all significant infos I would like to peer extra posts like this

  5. I loved even more than you will get done right here. The picture is nice, and your writing is stylish, but you seem to be rushing through it, and I think you should give it again soon. I’ll probably do that again and again if you protect this hike.

  6. I loved even more than you will get done right here. The overall look is nice, and the writing is stylish, but there’s something off about the way you write that makes me think that you should be careful what you say next. I will definitely be back again and again if you protect this hike.

Leave a reply

Disclaimer: The content provided herein is for informational purposes only, and we make every effort to ensure accuracy and legitimacy. However, we cannot guarantee the validity of external sources linked or referenced. If you believe your copyrighted content has been used without authorization, please contact us promptly for resolution. We do not endorse views expressed in external content and disclaim liability for any potential damages or losses resulting from their use. By accessing this platform, you agree to comply with copyright laws and accept this disclaimer's terms and conditions.

@2023 InstaMart.AI Inc. All rights reserved.

Artificial Intelligence | Daily AI News, How Tos and AI & Data Services
Logo
CONTACT US