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    "Today's AI Impacts Jobs and Unveils AI-Powered E-bikes" | FinOracle

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Home Technology Artificial Intelligence

“Today’s AI Impacts Jobs and Unveils AI-Powered E-bikes”

IMF warns: AI threatens 40% of global jobs, deepening inequality. NASA introduces gen AI-powered tool for scientists' data access. Davos survey reveals geopolitical tensions and AI hindrances to global economy. HCLTech and SAP collaborate to drive gen AI innovation and business transformation. Urtopia unveils AI-enhanced e-bike with smart personalized rides.

by Lilu Anderson
Mon, Jan 15, 2024 7:09pm
in Artificial Intelligence
• 3 mins read
14.8k
"Today's AI Impacts Jobs and Unveils AI-Powered E-bikes" | FinOracle

Photo: Finoracle.me

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IMF warns: AI threatens 40% of global jobs, deepening inequality

The International Monetary Fund (IMF) has raised concerns about the rising influence of artificial intelligence (AI) on the global job market. According to the IMF, nearly 40% of jobs worldwide are at risk due to AI, which could result in deepening inequality. IMF’s Managing Director, Kristalina Georgieva, has urged governments to establish safety nets and retraining initiatives to counter AI’s impact. She predicts that advanced economies, particularly white-collar workers, will be most affected, with up to 60% of jobs being impacted. Georgieva emphasizes the need for proactive policymaking to prevent social tensions arising from AI-induced job losses.

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