Original article by Holly Williams
The New Daily – Page: Online : 16-Jan-24

The International Monetary Fund says artificial intelligence and machine learning technology could worsen inequality between nations and within society. The IMF has concluded that AI technology will affect about 40 per cent of jobs worldwide, including 60 per cent of jobs in advanced economies. The IMF’s Kristalina Georgieva says the technology could boost productivity, global economic growth and incomes; however, she cautions that it could also replace jobs and deepen inequality.

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INTERNATIONAL MONETARY FUND