RASC News Agency: According to a recent analysis by the International Monetary Fund (IMF), artificial intelligence impacts nearly 40% of jobs. Kristalina Georgieva, the Managing Director of the IMF, asserts, “In most scenarios, artificial intelligence is likely to exacerbate overall inequality.” Ms. Georgieva emphasizes the need for policymakers to scrutinize this “problematic trend” to “prevent technology from further intensifying social tensions.”
In other scenarios, artificial intelligence will possess the capability to execute crucial tasks currently performed by humans. This has the potential to diminish the demand for labor, influence wages, and even displace entire professions. This aligns with the findings of Goldman Sachs’ 2023 report, which estimates that artificial intelligence could substitute for the equivalent of 300 million full-time jobs. Ms. Georgieva underscores the significance of countries establishing comprehensive social safety nets and implementing retraining programs for vulnerable workers.
The IMF’s analysis coincides with the gathering of global business and political leaders at the World Economic Forum in Davos, Switzerland. It is noteworthy that this technology is increasingly subject to regulations worldwide. Last month, European Union officials reached a temporary agreement on the world’s first comprehensive regulations governing the use of artificial intelligence.
