IMF Warns: Artificial Intelligence to Impact 40% of Jobs and Exacerbate Inequality

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A new analysis by the International Monetary Fund (IMF) suggests that nearly 40% of all jobs will be affected by artificial intelligence (AI). IMF’s managing director, Kristalina Georgieva, warns that AI is likely to worsen overall inequality and policymakers should take action to prevent social tensions from escalating. The IMF predicts that advanced economies will see a greater impact, with around 60% of jobs affected, although some workers will benefit from increased productivity. In low-income countries, only 26% of jobs are expected to be affected. The IMF emphasizes the need for comprehensive social safety nets and retraining programs to protect vulnerable workers and curb inequality. The analysis coincides with discussions on AI at the World Economic Forum in Davos, where the technology is facing increased regulation globally.

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