AI to hit 40% of jobs and worsen inequality, IMF says

Artificial intelligence is set to affect nearly 40% of all jobs, according to a new analysis by the International Monetary Fund (IMF).

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By Annabelle Liang

Business reporter

IMF’s managing director Kristalina Georgieva says “in most scenarios, AI will likely worsen overall inequality”.

Ms Georgieva adds that policymakers should address the “troubling trend” to “prevent the technology from further stoking social tensions”.

The proliferation of AI has put its benefits and risks under the spotlight … read more 

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