AI to Impact 40% of Global Jobs – IMF Study Reveals

A recent report from the International Monetary Fund (IMF) indicates that artificial intelligence (AI) will have an impact on nearly 40% of jobs worldwide. Some professions may disappear due to this technology, leading to a redistribution of responsibilities in many sectors. IMF Managing Director Kristalina Georgieva emphasizes that AI could exacerbate social inequality and create social tension. Meanwhile, the IMF predicts that the influence of AI technologies will be more pronounced in economically developed countries than in those with low income levels.

As a result, the IMF underscores the need to establish comprehensive social protection systems and retraining programs for vulnerable categories of workers, especially those at risk of job loss due to the implementation of artificial intelligence.

"It is crucial for countries to create comprehensive social protection systems and offer retraining programs for vulnerable workers. This way, we can make the transition to AI more inclusive, safeguarding livelihoods and limiting inequality," emphasized Kristalina Georgieva.

The IMF analysis also points out that artificial intelligence may replace key functions performed by humans, leading to a reduced demand for labour and a significant decrease in the number of jobs. However, there is a positive aspect: some workers may expect increased productivity with the integration of artificial intelligence.

It's worth noting that this technology faces increased global regulation. Last month, European Union officials reached a preliminary agreement on the world's first comprehensive law regulating the use of AI. The European Parliament is expected to vote on AI legislation early this year, but no laws will come into effect until at least 2025. The United States, the United Kingdom, and China have yet to present their own principles for regulating AI.

Additionally, in early November, Ukraine, the United States, and the European Union signed the Bletchley Declaration on the safety of artificial intelligence. This historic event took place at the world's largest summit on AI security, held in the United Kingdom and attended by representatives of 29 governments. Apart from Ukraine, 28 other countries, including the United States, China, EU member states, Saudi Arabia, and South Korea, signed the international agreement regulating the safe use of AI technologies.