AI could affect 40% of jobs worldwide
By the AFREEQUE newsroom, based on ANG
Illustrative image · Tara Winstead · Pexels · Licence PexelsArtificial intelligence could affect 40% of jobs worldwide in the short term and 60% in advanced economies, IMF Managing Director Kristalina Georgieva said. She expects the impact within three to five years, with routine jobs particularly transformed, according to ANG.
Artificial intelligence could affect 40% of jobs worldwide in the short term and 60% in advanced economies, Kristalina Georgieva, managing director of the International Monetary Fund (IMF), said on Wednesday at a banking conference organised by Santander. She estimated that this impact would be felt over the next three to five years, according to the ANG agency.
Kristalina Georgieva said that some jobs could disappear while others would be redefined. In the United States, one in 10 jobs already requires artificial intelligence skills, while routine tasks, often performed by young people, are declining, she added.
The IMF managing director said that the effect of artificial intelligence on employment had so far been slightly positive, but that the structure of the labour market would change. She called for protections against the risks of this technology to be put in place quickly, as they could outweigh its opportunities.
Kristalina Georgieva also estimated that global growth would remain at 3.1%, despite shocks linked in particular to energy and inflation. She warned, however, that debt was approaching 100% of global gross domestic product, with costs increased by rising interest rates, and called on governments to combine growth with fiscal discipline.
