Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

IMF Warns: AI to Transform 40% of Global Jobs, Positively or Negatively

Eugene Park Views  

Reuters·Yonhap News

The International Monetary Fund (IMF) has projected that artificial intelligence (AI) will impact roughly 40% of jobs worldwide. Out of these jobs, about half are expected to face negative consequences, while the other half are likely to experience increased productivity.

According to a report by AFP on the 14th (local time), the IMF’s analysis suggests that AI will significantly impact developed countries more than emerging or impoverished nations.

In an interview with AFP, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), cited a report from the IMF to outline the varied impact of artificial intelligence (AI) on the global workforce. She explained that AI is projected to affect 60% of jobs in developed countries and some emerging nations. Georgieva also pointed out that the impact in emerging countries is somewhat less, at 40%, and it further decreases to 26% in developing countries. Globally, she underscored, approximately 40% of jobs are susceptible to the influence of AI.

The IMF report highlights that while half of the jobs influenced by AI may face negative consequences, the other half can expect increased productivity due to AI adoption. Georgieva stated, “Your job could disappear altogether,” She also emphasized that AI could lead to increased job productivity and potentially raise income levels, suggesting a positive aspect of the technological advancements in AI.

The IMF anticipates that the relatively minor impact of artificial intelligence (AI) on emerging and developing countries may curtail their opportunities to benefit from AI advancements. According to an IMF report, this disparity in AI’s influence could potentially deepen the digital divide and widen income disparities between nations. The report also draws attention to the particular vulnerability of older workers, who are more likely to be adversely affected by changes brought about by AI.

Georgieva emphasized that countries should implement retraining programs for vulnerable workers and establish comprehensive social safety nets to prevent the widening income gap resulting from AI adoption.

She emphasized the need for concerted efforts to assist impoverished countries in capitalizing on the opportunities presented by artificial intelligence (AI). She asserted the inevitability of AI’s integration into various sectors, stating, “We must accept it. It’s coming.” Furthermore, she acknowledged the apprehensions surrounding AI, describing it as “a bit scary,” but also highlighted its potential as “a tremendous opportunity for everyone,” underscoring the dual nature of AI as both a challenge and a boon.

Eugene Park
content@www.kangnamtimes.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • El Salvador's Bitcoin Reserves See $25 Million Surge After Trump’s Win
  • Who Is Susie Wiles? Meet Trump’s Loyal ‘Ice Baby’ and First Woman Chief of Staff
  • Trump’s 2nd Term Family Drama: Lara and Don Jr. Take Center Stage, Ivanka Steps Aside
  • Boston Dynamics’ Atlas Robot in Hot Dog Costume Stuns with Human-Like Skills
  • With $180M in Support, Musk Backs Trump’s Victory—And Makes It Meme-Worthy
  • Swifties and Celebrities Left Reeling After Trump’s Election Win

Weekly Best Articles

  • E30 M3 Returns: A Fresh Design Brings BMW’s Classic into the Future
  • Lexus LFA’s Legendary Successor: What to Expect from the Upcoming Supercar
  • Renault’s Eco-Friendly Emblème Promises 90% Lower Emissions, 621-Mile Range
  • Honda’s New Passport: Sleek Redesign and 10-Speed Automatic Transmission Coming Soon
  • Tesla’s New Model Y Juniper: Leaked Prototype Hints at Major 2025 Facelift
  • Mercedes-Benz CLA Gets a Chinese Heart—2.0-liter Turbo Gasoline Engine with 250 HP
  • Suzuki’s Grand Vitara Dominion Edition: Enhanced Exterior, Interior, and Hybrid Powertrains
  • 2024 Toyota Land Cruiser: 326-HP Hybrid Engine Powers Off-Road Performance at $90K
  • NCT Dream Stars Share Hilarious Childhood Memories with Kim Jong Kook
  • Han Ji Min Dazzles Fans in All-White Winter Look—See Her Stunning Holiday Photos
  • Kim Jaejoong Breaks Down in Emotional Moment During Concert—Here’s Why
  • Rain Reveals His Luxurious Life—From Expensive Home Tech to Dream Bus Rides

You May Also Like

  • 1
    2024 Toyota Land Cruiser: 326-HP Hybrid Engine Powers Off-Road Performance at $90K

    TECH 

  • 2
    NCT Dream Stars Share Hilarious Childhood Memories with Kim Jong Kook

    ENTERTAINMENT 

  • 3
    Han Ji Min Dazzles Fans in All-White Winter Look—See Her Stunning Holiday Photos

    ENTERTAINMENT 

  • 4
    Kim Jaejoong Breaks Down in Emotional Moment During Concert—Here’s Why

    ENTERTAINMENT 

  • 5
    Rain Reveals His Luxurious Life—From Expensive Home Tech to Dream Bus Rides

    ENTERTAINMENT 

Popular Now

  • 1
    Is Dex the Ultimate Boyfriend? Seohyun Jin Thinks So!

    ENTERTAINMENT 

  • 2
    Is the Toyota Century SUV Worth the Price? Here’s What You Get for $273,000

    TECH 

  • 3
    Is the Toyota Rumion the Best Value Minivan You Can Buy? Here’s Why It Might Be

    TECH 

  • 4
    Lexus Reveals Sporty New ES Facelift with Aggressive Design Changes

    TECH 

  • 5
    2026 Toyota RAV4: Bigger, Bolder, and Hybrid-Only—Is It the Future of SUVs?

    TECH 

Weekly Best Articles

  • E30 M3 Returns: A Fresh Design Brings BMW’s Classic into the Future
  • Lexus LFA’s Legendary Successor: What to Expect from the Upcoming Supercar
  • Renault’s Eco-Friendly Emblème Promises 90% Lower Emissions, 621-Mile Range
  • Honda’s New Passport: Sleek Redesign and 10-Speed Automatic Transmission Coming Soon
  • Tesla’s New Model Y Juniper: Leaked Prototype Hints at Major 2025 Facelift
  • Mercedes-Benz CLA Gets a Chinese Heart—2.0-liter Turbo Gasoline Engine with 250 HP
  • Suzuki’s Grand Vitara Dominion Edition: Enhanced Exterior, Interior, and Hybrid Powertrains
  • 2024 Toyota Land Cruiser: 326-HP Hybrid Engine Powers Off-Road Performance at $90K
  • NCT Dream Stars Share Hilarious Childhood Memories with Kim Jong Kook
  • Han Ji Min Dazzles Fans in All-White Winter Look—See Her Stunning Holiday Photos
  • Kim Jaejoong Breaks Down in Emotional Moment During Concert—Here’s Why
  • Rain Reveals His Luxurious Life—From Expensive Home Tech to Dream Bus Rides

Must-Reads

  • 1
    2024 Toyota Land Cruiser: 326-HP Hybrid Engine Powers Off-Road Performance at $90K

    TECH 

  • 2
    NCT Dream Stars Share Hilarious Childhood Memories with Kim Jong Kook

    ENTERTAINMENT 

  • 3
    Han Ji Min Dazzles Fans in All-White Winter Look—See Her Stunning Holiday Photos

    ENTERTAINMENT 

  • 4
    Kim Jaejoong Breaks Down in Emotional Moment During Concert—Here’s Why

    ENTERTAINMENT 

  • 5
    Rain Reveals His Luxurious Life—From Expensive Home Tech to Dream Bus Rides

    ENTERTAINMENT 

Popular Now

  • 1
    Is Dex the Ultimate Boyfriend? Seohyun Jin Thinks So!

    ENTERTAINMENT 

  • 2
    Is the Toyota Century SUV Worth the Price? Here’s What You Get for $273,000

    TECH 

  • 3
    Is the Toyota Rumion the Best Value Minivan You Can Buy? Here’s Why It Might Be

    TECH 

  • 4
    Lexus Reveals Sporty New ES Facelift with Aggressive Design Changes

    TECH 

  • 5
    2026 Toyota RAV4: Bigger, Bolder, and Hybrid-Only—Is It the Future of SUVs?

    TECH 

Share it on...