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CEO NA Magazine > Business > Industry > IMF says AI may impact 40% of global jobs

IMF says AI may impact 40% of global jobs

in Industry, News
Citigroup to layoff 10% of staff
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According to International Monetary Fund Chief Kristalina Georgieva, more than 40% of global jobs could be impacted by the expanding effects of artificial intelligence in the near future.

“In most scenarios, AI will likely worsen overall inequality, a troubling trend that policymakers must proactively address to prevent the technology from further stoking social tensions,” Georgieva wrote in a blog post.

Georgieva noted that white-collar workers in developed countries are more likely to be affected by AI than manual laborers.

The IMF went on to say that the rise of AI may increase the possibilities of social unrest around the world if the tech continues to replace workers’ jobs.

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