IMF Chief Warns AI Could Affect 40% of Jobs as Investment Supports Growth
IMF chief Kristalina Georgieva says AI investment is supporting global growth, but warns that its impact on jobs could fall first on young workers.
Artificial intelligence could affect 40% of jobs, according to a warning from IMF chief Kristalina Georgieva, with young workers among the first likely to face disruption.
Georgieva said investment in AI is helping keep global economic growth close to 3%. Semiconductor manufacturers in Asia are among the major beneficiaries of that spending.
Her comments highlight the contrast between AI’s contribution to economic activity and its potential effects on employment. She warned that the disruption facing younger workers could build gradually over time.
Source: Decrypt
