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Jobs may disappear’: Nearly 40% of global employment could be disrupted by AI, IMF says


Almost 40% of jobs around the world are at risk of being affected by the rise of artificial intelligence (AI), a trend which is likely to deepen inequality, according to the International Monetary Fund (IMF).

“In most scenarios, AI will likely worsen overall inequality, a troubling trend that policymakers must proactively address to prevent the technology from further stoking social tensions,” she wrote ahead of the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, where the topic is set to be high on the agenda. Sam Altman, chief executive of ChatGPT-maker OpenAI, and his biggest backer — Microsoft CEO Satya Nadella — will speak at the event later this week as part of a program that includes a debate Tuesday on “Generative AI: Steam Engine of the Fourth Industrial Revolution?” Emerging markets refer to places such as India and Brazil with sustained economic growth, while low-income countries developing economies with per capita income falling within a certain level such as Burundi and Sierra Leone.

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