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IMF report: 40 percent of jobs exposed to AI

January 16, 2024
in USA
Reading Time: 2 mins read
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Forty p.c of employees globally have jobs that shall be affected by synthetic intelligence, warns a examine by the Worldwide Financial Fund (IMF).

Mature economies — such because the European Union, the UK and america — have even increased publicity, with extra jobs requiring cognitive duties.

The report landed on Sunday, proper earlier than the World Financial Discussion board (WEF) in Davos, the place the rise of synthetic intelligence, and generative AI particularly, shall be a significant speaking level. Trade-leading executives like OpenAI’s Sam Altman will attend the gathering. The report’s findings aren’t an official IMF place.

Whereas superior economies have increased publicity to AI, they’re additionally higher positioned to reap its advantages, the examine says.

“In superior economies, about 60 p.c of jobs are uncovered to AI, because of [the] prevalence of cognitive-task-oriented jobs,” the report says, including that “of those, about half could also be negatively affected by AI, whereas the remaining may benefit from enhanced productiveness by AI integration.”

AI publicity is decrease in rising economies (40 p.c) and low-income international locations (29 p.c) — however these international locations lack the infrastructure and workforce to harness AI advantages, the report says.

The IMF has additionally created an AI-preparedness index, singling out Singapore, the U.S. and Denmark because the best-prepared international locations.

A number of EU officers have referred to as for added regulation that tackles using AI within the office as a key precedence through the subsequent mandate of the European Fee.

“For me, the subsequent step could be to cope with the function of algorithms within the economic system at massive, particularly on the planet of labor, particularly in the way in which how persons are managed, managed … how the surveillance is operated,” present Jobs Commissioner Nicolas Schmit instructed POLITICO final Could.

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Tags: Algorithmsartificial intelligenceDavosDenmarkexposedHealth professionals/workforceIMFindustryInfrastructureIntelligenceJobsMajor and chronic diseasesNicolas SchmitPercentRegulationreportrightsSingaporesurveillanceunited kingdomUnited States
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