* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, August 5, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

    Sens. Blackburn and Warnock Launch CREATE Act to Deliver Tax Relief for Music Creators

    That’s (Political) Entertainment: When Theatre Meets Politics

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Credo Technology: Wiring The AI Revolution (NASDAQ:CRDO) – Seeking Alpha

    Credo Technology: Driving the Next Wave of AI Innovation

    Microsoft Seeks to Extend Access to OpenAI Technology – PYMNTS.com

    Microsoft Aims to Broaden Access to OpenAI Technology

    Livonia police use grappler technology to stop drunk driver – ClickOnDetroit | WDIV Local 4

    Livonia Police Deploy Grappler Technology to Safely Stop Drunk Driver

    Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

    How Robotic Technology is Revolutionizing Knee Replacement Surgery

    Cognizant Technology Solutions Corp (CTSH) Q2 2025 Earnings Call Highlights: Strong Revenue … – Yahoo.co

    Cognizant Q2 2025 Earnings: Impressive Revenue Growth and Key Takeaways

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Chicago Youth Symphony Orchestra takes the Lollapalooza stage – Yahoo Home

    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

    Sens. Blackburn and Warnock Launch CREATE Act to Deliver Tax Relief for Music Creators

    That’s (Political) Entertainment: When Theatre Meets Politics

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Credo Technology: Wiring The AI Revolution (NASDAQ:CRDO) – Seeking Alpha

    Credo Technology: Driving the Next Wave of AI Innovation

    Microsoft Seeks to Extend Access to OpenAI Technology – PYMNTS.com

    Microsoft Aims to Broaden Access to OpenAI Technology

    Livonia police use grappler technology to stop drunk driver – ClickOnDetroit | WDIV Local 4

    Livonia Police Deploy Grappler Technology to Safely Stop Drunk Driver

    Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

    How Robotic Technology is Revolutionizing Knee Replacement Surgery

    Cognizant Technology Solutions Corp (CTSH) Q2 2025 Earnings Call Highlights: Strong Revenue … – Yahoo.co

    Cognizant Q2 2025 Earnings: Impressive Revenue Growth and Key Takeaways

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

AI to Affect 40% of Jobs and Intensify Inequality, IMF Warns

January 15, 2024
in Technology
AI to Affect 40% of Jobs and Intensify Inequality, IMF Warns
Share on FacebookShare on Twitter

AI to Affect 40% of Jobs and Intensify Inequality, IMF Warns

The International Monetary Fund (IMF) released a new analysis on January 14, warning that 40% of all jobs around the world are likely to be affected by AI. 

While AI would complement some of these jobs, others would be replaced altogether. Kristalina Georgieva, the IMF’s managing director, further warned that “in most scenarios, AI will likely worsen overall inequality”.

The impact of AI on employment would vary across the world, with some countries suffering the impact more than others. The US and Europe are expected to face much greater disruption than low-income countries and emerging markets.

The Projected Impact of AI on Jobs: A Deeper Understanding

Since the beginning of the generative AI frenzy with the launch of ChatGPT in 2022, powerful AI models have become widely available. The rapid proliferation of artificial intelligence has resulted in widespread job cuts and mass layoffs by companies of varying scales, including leading tech giants like Meta and Google.

Describing the situation as a “troubling trend”, Georgieva

The reduced demand for labor would not only cause a reduction in wages but can also eradicate jobs altogether.

requested policymakers to address it and prevent technology from causing any more social tensions.

According to the IMF’s analysis, AI will affect around 60% of jobs in advanced economies – which is quite significant. 

The good news, though, is that the integration of artificial intelligence will likely benefit workers in about half of these instances. By complementing human labor, AI can significantly improve productivity in these instances.

In the remaining instances, however, AI could replace human workers as it becomes increasingly capable of performing tasks that are currently carried out by humans. 

In low-income countries, only around 26% of jobs will be affected by AI, the IMF predicts. This is largely because many of these nations lack the infrastructure and/or skilled workforce necessary to fully benefit from AI, Georgieva explained. 

However, the IMF managing director also warned that this significantly increases the risk of growing disparity between countries.

At a more individual level, younger and high-income workers might enjoy a steep increase in earnings upon adopting AI. On the other hand, the IMF fears that low-income and older workers would be falling behind as the situation puts them at a disadvantage. 

IMF Suggests Solutions, European Parliament to Vote on AI Act Proposals

Georgieva also shared possible solutions to the issue, recommending countries implement “comprehensive social safety nets”. 

Considering AI’s potential to augment human capabilities in most cases, at least initially, supporting workers with retraining programs would help too, she suggested. 

It’s worth noting that the IMF analysis has been released at a crucial time when the World Economic Forum’s annual meeting is set to take place in Davos this week. 

With applications and tools like ChatGPT surging in popularity, AI will be one of the hot topics of discussion at the meeting.

As of now, regulations for AI vary around the world. Last month, the EU reached a tentative deal on legislation focused on governing the use of AI technology, transparency rules, and risk assessment. 

While the European Parliament will be voting on the AI Act proposals early in 2024, it won’t be until 2025 that the legislation will actually take effect. The UK, US, and China haven’t published any AI guidelines, with the US still debating its stance at the federal level.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechReport – https://techreport.com/news/ai-to-affect-40-of-jobs-and-intensify-inequality-imf-warns/

Tags: affectintensifytechnology
Previous Post

OpenAI-Backed Domestic Humanoid Robot Gets Closer to Reality With $100M Funding

Next Post

Human-centric technology vision changes IT procurement

Archived natural DNA samplers reveal four decades of biodiversity change across the tree of life – Nature

Four Decades of Biodiversity Uncovered Through Archived Natural DNA Samplers

August 4, 2025
Scientists say they have solved the mystery of what killed more than 5 billion sea stars – Yahoo Home

Scientists say they have solved the mystery of what killed more than 5 billion sea stars – Yahoo Home

August 4, 2025
Science and the courts need to better distinguish between correlations and causation – Genetic Literacy Project

Science and the courts need to better distinguish between correlations and causation – Genetic Literacy Project

August 4, 2025
Adidas Relies on ‘Brand Heat’ in Lifestyle Footwear for Future Growth – WWD

Adidas Relies on ‘Brand Heat’ in Lifestyle Footwear for Future Growth – WWD

August 4, 2025
Team USA sets new relay record at swim worlds and Katie Ledecky wins again – CBS News

Team USA Smashes Relay Record at Swim Worlds as Katie Ledecky Reigns Supreme Again

August 4, 2025
Dow futures reverse higher as recession alarm bells jolt Wall Street awake from dreams of a gravity-defying economy – Fortune

Dow Futures Soar Amid Growing Recession Concerns Shaking Wall Street Confidence

August 4, 2025
Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

August 4, 2025
How Trump’s Immigration Policies Are Impacting Health Care – Pulmonology Advisor

How Trump’s Immigration Policies Are Shaping the Future of Health Care

August 4, 2025
Ghislaine Maxwell moved to federal prison camp in Texas – CNN

Ghislaine Maxwell Moved to Federal Prison Camp in Texas

August 4, 2025
How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

August 4, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (754)
  • Economy (779)
  • Entertainment (21,656)
  • General (16,284)
  • Health (9,816)
  • Lifestyle (787)
  • News (22,149)
  • People (778)
  • Politics (788)
  • Science (15,992)
  • Sports (21,274)
  • Technology (15,756)
  • World (760)

Recent News

Archived natural DNA samplers reveal four decades of biodiversity change across the tree of life – Nature

Four Decades of Biodiversity Uncovered Through Archived Natural DNA Samplers

August 4, 2025
Scientists say they have solved the mystery of what killed more than 5 billion sea stars – Yahoo Home

Scientists say they have solved the mystery of what killed more than 5 billion sea stars – Yahoo Home

August 4, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version