AI Could Impact Around 40% Of Global Jobs – IMF

SHALOM OLALEYE

The International Monetary Fund,IMF, has hinted the impact of AI in coming years, instead of completely replacing human labor, it’s more likely that AI will complement it.

According to the IMF Managing Director, Kristalina Georgieva, AI could actually worsen inequality if not properly addressed. She suggests implementing social safety nets and retraining programs to support workers who may be at risk.

This topic is being discussed at the World Economic Forum in Davos, where leaders from around the world are coming together to talk about the role of AI.

While the European Union has made progress in regulating AI, the United States is still figuring out its federal stance on the matter.