IMF warns that Artificial Intelligence will affect 40% of jobs worldwide

Kristalina Georgieva, director of the IMF, warned that artificial intelligence could impact 40% of jobs globally in the near future, with 60% in advanced economies. During a banking conference, she noted that while some jobs will disappear, others will be redefined. The effects of AI on employment are expected within three to five years, with a current slight positive impact. Georgieva emphasized the need for protective measures against AI's risks, which may outweigh its benefits. She also highlighted the resilience of the global economy despite challenges like rising energy prices and inflation, but warned about increasing debt levels. She urged major economies to fulfill their responsibilities and adapt to the changing landscape.