AI will affect about 40% of global jobs: IMF

IMF chief Kristalina Georgieva predicts that AI will impact approximately 40% of global employment, with advanced economies being more affected than emerging markets and developing economies. She believes AI will likely worsen overall inequality and could affect high-skilled jobs, potentially leading to lower wages and reduced hiring.

Georgieva calls on policymakers to guard against potential inequality and social tensions that AI might bring, and suggests implementing comprehensive social safety nets and retraining programs for vulnerable workers. Other organizations, such as Goldman Sachs and LinkedIn, have also warned about the disruptive potential of AI on the job market.

Key takeaways

IMF chief Kristalina Georgieva predicts that AI will impact roughly 40% of global employment, with advanced economies being more affected than emerging markets and developing economies.
Georgieva suggests that AI could worsen overall inequality and potentially lead to lower wages and reduced hiring in some sectors.
She calls on policymakers to guard against potential inequality and social tensions that AI might bring, and suggests implementing comprehensive social safety nets and retraining programs for vulnerable workers.
Other organizations, such as Goldman Sachs and LinkedIn, have also warned about the potential disruptions caused by AI, with Goldman Sachs predicting that AI could disrupt over 300 million jobs.

AI will affect about 40% of global jobs: IMF

Key takeaways

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