The Managing Director of the International Monetary Fund (IMF) predicted yesterday that “in the coming years, artificial intelligence will affect 60% of jobs in developed economies.”
Speaking at a seminar focused on improving productivity in the digital age, she also noted that the growing prominence of artificial intelligence in the job market will lead to higher productivity. According to her estimates, artificial intelligence will affect 40% of jobs in “emerging markets” and 26% of jobs in “low-income countries.”
“This is a tsunami hitting the labor market, and I’m not sure we’re prepared for it.” On the other hand, she added that she remains “optimistic” about artificial intelligence as a “transformative technology,” although “less optimistic that it will make the world a better place.” She concluded by saying, “We have a lot of work to do if we want to make that happen.”
