Paris: Agencies
Kristalina Georgieva, Director General of the International Monetary Fund, said that artificial intelligence will affect 60% of jobs in the economies of developed countries.
Georgieva explained in an interview with Agence France-Presse during her participation in the Davos Forum that advanced economies and some emerging markets will see 60% of jobs affected, referring to a report by the Fund published yesterday, Sunday, on this matter.
The fund manager added that the size of the impact will be 40% for emerging markets, and 26% for low-income countries, explaining that about 40% of global workers are exposed to artificial intelligence. According to what was reported by the Youm7 news website in Cairo.
The IMF report explained that half of the jobs affected by artificial intelligence will be negatively affected, while the rest could actually benefit from the gains in enhancing productivity thanks to this technology.
Georgieva explained, saying: Your job could disappear, and this is not a good thing, and perhaps artificial intelligence will enhance your job, and thus you will become more productive and your income level can rise.
According to the Fund, while artificial intelligence has less impact on emerging markets and developing countries, they will likely benefit less from the advantages provided by this technology.
The report explains that this could exacerbate the “digital divide” and income disparity across countries and countries, noting that older workers will likely be more vulnerable to change caused by artificial intelligence.
Georgieva said that the IMF sees an important opportunity for policy guidance to help address these concerns. She called for the need to focus on specifically helping low-income countries to move faster so that they are able to exploit the opportunities that artificial intelligence will present.