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The International Monetary Fund (IMF) has warned that generative artificial intelligence could affect a significant proportion of jobs around the world, and that technology's disruption of global labor markets will exacerbate inequality. , warns that it has the potential to fuel further social unrest.
The organization, which monitors the global economy and financial system, urges countries to implement policies to ensure responsible adoption of technology.
The International Monetary Fund (IMF) logo is seen outside its headquarters building in Washington, D.C. The IMF warns that generative AI will impact around 40% of jobs worldwide. (Reuters/Yuri Gripas/File Photo/Reuters Photo)
in blog post The IMF on Sunday pointed to a staff analysis on the impact of Gen-AI on the future of jobs, saying Gen-AI will affect 40% of jobs worldwide, 60% in developed countries such as the United States, and 40% in emerging countries. He pointed out that it is estimated that the impact will be on %. 26% in markets and 26% in developing countries.
The study determined that AI will have the most immediate impact on large economies with highly skilled workers, whose positions are most under threat of displacement. It found that around half of all exposed jobs in developed countries are likely to be complemented by AI, as it enhances roles and improves efficiency. The other half exposed to AI is at risk of reduced demand or even exclusion, the report said.
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While countries with emerging and developing markets are likely to face less disruption from AI in the short term, the IMF believes that the lack of infrastructure and skilled labor in these countries means that AI will be less likely to cross economies. He warned that there was an increased risk of deepening inequality.
The IMF has released an analysis of the impact of Gen-AI on the global workforce, warning that the technology will exacerbate inequality. (license/image)
The report raised further concerns that AI could increase inequality within countries, as workers who adopt AI earn more while those who shun it regress. It points out that older workers who are reluctant to adopt AI are more vulnerable than younger workers.
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“In most scenarios, AI is likely to worsen overall inequality, and policymakers must be proactive about this troubling trend to prevent technology from further escalating social tensions,” the IMF blog post said. must be addressed.” “It is important that countries establish comprehensive social safety nets and provide retraining programs for vulnerable workers. Doing so will make the transition to AI more inclusive, protect livelihoods, and Inequality can be reduced.”
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In its report, the IMF recommends that developed and emerging economies develop regulatory frameworks to responsibly maximize the benefits of AI, while lower-income countries are encouraged to lag behind. It recommends increased investment in infrastructure and workforce training to help restore the country's workforce.
