IMF President Warns: Artificial Intelligence Will Impact 60% of Advanced Economy Jobs

IMF President Kristalina Georgieva stated that artificial intelligence will affect 60% of jobs in advanced economies. Older workers will be more susceptible to this transformation, with nearly 40% of global employment exposed to the risks of AI. While the impact of AI is smaller for emerging markets and developing countries, they may find it more difficult to benefit from new technologies, potentially exacerbating the digital divide and income inequality. The IMF emphasizes the importance of policies, especially to help low-income countries seize the opportunities presented by AI more rapidly.