IMF chief says AI holds risks, 'tremendous opportunity' for global economy
IMF chief told AFP.
AI will affect 60 percent of jobs in advanced economies, the International Monetary Fund's managing director, Kristalina Georgieva, said in an interview in Washington, shortly before departing for the annual World Economic Forum in Davos, Switzerland.
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«And the more you have higher skilled jobs, the higher the impact,» she added.
However, the IMF report published Sunday evening notes that only half of the jobs impacted by AI will be negatively affected; the rest may actually benefit from enhanced productivity gains due to AI.
«Your job may disappear altogether — not good — or artificial intelligence may enhance your job, so you actually will be more productive and your income level may go up,» Georgieva said.
— Uneven effects -
The IMF report predicted that, while labor markets in emerging markets and developing economies will see a smaller initial impact from AI, they are also less likely to benefit from the enhanced productivity that will arise through its integration in the workplace.
«We must focus on helping low income countries in particular to move faster to be able to catch the opportunities that artificial intelligence will present,» Georgieva told AFP.
«So artificial intelligence, yes, a little scary. But it is also a tremendous
