The managing director of the International Monetary Fund spoke about AI and its start by companies. How it could affect jobs.
The Artificial intelligence is hitting the global labor market “like a tsunami”he said on Monday the managing director of the International Monetary FundKristalina Georgieva.
It is likely that artificial intelligence affects 60% of jobs in advanced economies and 40% of jobs around the world in the next two years, Georgieva said at an event in Zurich.
“We have very little time to prepare people and companies”he said at the event organized by the Swiss Institute of International Studies, associated with the University of Zurich. “It could lead to a huge increase in productivity if we manage it well, but also more misinformation and, of course, more inequality in our society.”
What the managing director of the International Monetary Fund said about artificial intelligence
Georgieva said the global economy had become more prone to crises in recent years, citing the global pandemic of 2020, as well as the war in Ukraine. Although more shocks are expected, particularly due to the climate crisis, activity has remained remarkably resilient, he said.
“We are not in a global recession,” said Georgieva, who was interrupted by protesters calling for action on climate change and addressing the developing world’s debt.
“Last year there was fear that most economies would fall into recession, but that did not happen,” he said. “Inflation, which has hit us very hard, is decreasing almost everywhere”.
Source: Ambito
