According to IMF analysis, developed economies are most at risk, while emerging markets and low-income countries will face fewer problems.
IMF managing director Kristalina Georgieva noted in a blog post that in most scenarios, AI will worsen overall inequality.
This is a worrying trend that policymakers must proactively address to prevent social tensions from escalating further.
The IMF statement emphasizes the importance of taking action to reduce the potential negative effects of automation and artificial intelligence on the labor market.
It is important that governments and organizations develop strategies to support workers and enable them to retrain and adapt to the changing workplace environment.
Source: Ferra
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