During the World Economic Forum in Davos, Switzerland, the Managing Director of the International Monetary Fund, Kristalina Georgieva, stated in an interview with the French news agency that
“artificial intelligence will impact 40% of jobs worldwide, with this percentage rising to 60% in advanced countries.”
Georgieva warned that artificial intelligence could exacerbate “inequality and widen the wealth gap“. She emphasized the need for policymakers to proactively address this issue, calling on governments to establish social safety nets and provide retraining programs to mitigate the impact of artificial intelligence.
She emphasized the “importance of establishing comprehensive social safety nets and retraining programs for workers most susceptible to being affected by these developments.” According to the Fund, artificial intelligence has less impact on emerging markets and developing countries.