IMF Chief Warns AI will Affect 40% of All Jobs | Job Market Crisis | Vantage with Palki Sharma
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Published 2024-05-15
The chief of the International Monetary Fund has warned that Artificial Intelligence is like a "tsunami" poised to hit the job market in the coming years. She said that AI will affect 60% jobs in developed countries and around 40% jobs in the world. While AI is expected to replace millions of jobs in sectors like coding and tutoring, it will also create up to 97 million new jobs, according to the World Economic Forum. Fears of AI replacing humans have resurfaced after OpenAI and Google unveiled new and powerful models that can boost human productivity. How can you prepare for a world where AI is taking over jobs? Palki Sharma tells you.
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International Monetary Fund | Artificial Intelligence | Job Market Crisis | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#internationalmonetaryfund #artificialintelligence #jobmarketcrisis #firstpost #vantageonfirstpost #palkisharma #worldnews
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All Comments (21)
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2 of my close friends lost their jobs in USA without any hints. They are just locking their laptops one fine day. But company stock price is at life time high. What a world!
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AI will eliminate many more jobs than it creates.
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To summerize poor will become poorer , mid will stay mid , rich will get richer
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Then the population crisis is a blessing... No use having kids without them having jobs 😂
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Models,new anchors, photo and video editors, bankers, analyst all jobs would be gone by 2027
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No jobs, No marriages, No kids & that is how humanity ends
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Banking is already digital I think mass layoffs are coming in Banking.
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40 % is an underestimate. It will be more than 70% in the next 10 years
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The same techies that gentrified our cities in California are already losing their jobs.
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The basic premise of automation is to relieve man of drudgery. So that he can enjoy the things that really matter to his being on this planet: family, society, painting, dancing singing, playing, loving, caring, sharing! How ironic that we have forgotten why we started automation in the first place 🙏
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Countries should fix the 'minimum count of employee' as per company's revenue..
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So who will demand these products, companies are producing. So without jobs, there'll not be any demand and to whom these so called big companies will sell its goods and services?!!
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I wish too, cuz Im currently jobless let them come and join us 😂😂😂
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It will have effect more on Indian BPO & call Centers (already started)
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Timely and pointed reporting! Well done! Thank you!!
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Let me do farming now
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Learning needs human touch. We know what smartphones have done to regular classrooms. It has turned into a disruptive technology.
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If this is true then the US economy would crash.Since it depends on consumer spending so much it's consumers have no money we are in a depression
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welcome to real life dystopia
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Imagine worlds First A.I to complain or file a case in the highest court against a human protesting for right to work, return of manual labour, salary increment...etc. it will be real fun to see such things happening in the future.