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Almost 40% of jobs around the world could be affected by the rise of artificial intelligence (AI), a trend which is likely to deepen inequality, according to the International Monetary Fund (IMF).
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The International Monetary Fund has begun the process of selecting its next managing director and intends to choose a candidate by the end of April, the global lender's executive board said on ...
AI will impact about 40% of jobs across the world, according to the report. In advanced economies, that number will be even higher with an estimated 60% of jobs affected by AI.
US employers cut more jobs last month than any February since 2009. The Trump administration’s massive federal cuts and swelling feelings of economic uncertainty helped fuel a recession-level spike in layoffs last month, new data showed Thursda…
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The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.
AI may worsen overall inequality, a concern that policymakers must address to prevent technology from escalating social tensions.