Tech

New IMF study finds that artificial intelligence will ‘worsen overall inequality’

Countries should provide “comprehensive social safety nets” for vulnerable workers

The study found that AI will affect almost 40 per cent of global jobs. Picture: Bloomberg

Artificial intelligence (AI) will affect almost 40 per cent of global jobs, with advanced economies facing greater exposure than emerging markets and low-income countries, according to an International Monetary Fund (IMF) analysis.

“In most scenarios, AI will likely worsen overall inequality, a troubling trend that policymakers must proactively address to prevent the technology from further stoking social tensions,” said Kristalina Georgieva, the head of the IMF, in a blog post on the study.

AI’s income ...