Global job security is at risk from artificial intelligence, but there is also a “tremendous opportunity” to increase declining productivity levels and spur global growth, the head of the IMF told AFP.
Kristalina Georgieva, the managing director of the International Monetary Fund, stated in a Washington interview just before she left for the annual World Economic Forum in Davos, Switzerland, that artificial intelligence would impact sixty percent of jobs in industrialized economies.
She cited a new IMF research when she stated that “40 percent of jobs globally are likely to be impacted,” with AI projected to have less of an impact in developing nations.
“And the more you have higher skilled jobs, the higher the impact,” she added.
But according to an IMF analysis released on Sunday night, only half of the occupations that AI affects will suffer; the other half may even gain from increased productivity as a result of 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.
