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AI could displace 40% of jobs, worsen equality: IMF

Shortpedia

Content Team
Image Credit: mettisglobal

The International Monetary Fund (IMF) has shared an analysis revealing that artificial intelligence (AI) could impact nearly 40% of all jobs. Advanced economies may face more significant effects than emerging markets and low-income countries. IMF Managing Director Kristalina Georgieva cautions that "in most scenarios, AI will likely worsen overall inequality," and urges policymakers to tackle this "troubling trend" to avoid increased social tensions.