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IMF upgrades outlook for global economy

The International Monetary Fund (IMF) raised its outlook for the global economy, pointing to solid economic growth and slowing inflation in the United States in particular, and said it was likely to avoid a hard landing. IMF I said I was looking forward to it. The global economic growth rate in 2024 is expected to […]

IMF warns AI to hit almost 40% of jobs worldwide and worsen overall inequality

Pacer ETF Distributor President Sean O'Hara previews earnings and talks about how AI and technology interact. 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 […]

AI will affect 60% of US jobs, IMF warns

Artificial intelligence will impact about 60% of all jobs in the United States and worsen income and wealth inequality, the International Monetary Fund has warned. The IMF says developed countries such as the United States are at greatest risk from the proliferation of cognitive task-oriented jobs, with more than half of the jobs available in […]