In an interview with AFP in Washington DC (USA) before departing for Davos (Switzerland) to attend the annual meeting of the World Economic Forum (WEF) from January 15-19, IMF Managing Director Kristalina Georgieva said that AI will impact 60% of jobs in advanced economies and some emerging economies.
IMF Managing Director Kristalina Georgieva
"Following that are 40% of emerging markets and 26% of low-income countries," Georgieva quoted from the IMF's report published on January 14.
Overall, AI will impact nearly 40% of jobs globally, with half of those impacts being negative, while the rest could benefit from increased productivity thanks to AI.
"Your job could disappear entirely, which would be bad, or artificial intelligence could enhance your job, making you more productive and potentially increasing your income," said Georgieva.
According to the IMF report, the impact of AI on jobs in emerging markets and developing economies may be low initially, but these places are less likely to benefit from this new technology.
This could exacerbate the digital divide and income disparities between countries. Furthermore, older workers are likely to be more disadvantaged by the changes brought about by AI.
The IMF Managing Director urged a focus on helping low-income countries move faster to seize the opportunities offered by AI. "It's coming, let's grab it. AI is a little scary, but it's also a huge opportunity for everyone," Georgieva said.
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