AI to hit 40% of jobs and worsen inequality, IMF says::Policymakers should address the “troubling trend”, says the organisation’s managing director Kristalina Georgieva.
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This is the best summary I could come up with:
Artificial intelligence is set to affect nearly 40% of all jobs, according to a new analysis by the International Monetary Fund (IMF).
Ms Georgieva adds that policymakers should address the “troubling trend” to “prevent the technology from further stoking social tensions”.
Ms Georgieva said “many of these countries don’t have the infrastructure or skilled workforces to harness the benefits of AI, raising the risk that over time the technology could worsen inequality among nations”.
“It is crucial for countries to establish comprehensive social safety nets and offer retraining programmes for vulnerable workers,” Ms Georgieva said.
The IMF analysis comes as global business and political leaders gather at the World Economic Forum in Davos, Switzerland.
Last month, European Union officials reached a provisional deal on the world’s first comprehensive laws to regulate the use of AI.
The original article contains 354 words, the summary contains 135 words. Saved 62%. I’m a bot and I’m open source!
Can it do my job but I get paid ?
Yes, but you gotta stage a bloody revolution first.
That “Eat the Rich” slogan is going places.
It’s interesting that they mean “inequality between nations,” when it could very much affect inequality between the über rich and everyone else. People will start having their already underpaid jobs scaled back, there will be layoffs after layoffs to hire people in these “new fields” (who, of course, will be paid far less to be assistants to AI when it gets stuck)…inequality is going to explode—even more. Because we are already well beyond anything we’ve seen outside of the gilded age and…have we surpassed gilded age inequality yet? I’m not sure. It’s been a while since I’ve checked
