According to a recent report by the International Monetary Fund, artificial intelligence will probably have a greater influence on better skilled occupations. This may offer opportunities as well as obstacles.
AI impact 60% of jobs: An IMF report released in advance of the World Economic Forum in Davos suggests that artificial intelligence (AI) might impact 60% of occupations in industrialised nations.
The survey reports that AI would adversely impact almost half of those jobs, while the other half will benefit.
IMF Managing Director Kristalina Georgieva told the AFP news agency, “Your job may disappear altogether — not good — or artificial intelligence may enhance your job, so you actually will be more productive and your income level may go up.”
“And the more you have higher skilled jobs, the higher the impact,” she continued.
less of an effect in the developing nations
“We anticipate that the developing world will experience different effects, with 26% of jobs in low-income nations and 40% of occupations in emerging markets predicted to be affected.”
These labour markets won’t profit as much from AI’s predicted boost in productivity, even though it will have a lesser initial impact on them.
“We have to concentrate on assisting low-income nations in particular to accelerate in order to seize the chances that artificial intelligence will offer,” Georgieva stated to AFP.
Therefore, artificial intelligence is a little unsettling. However, everyone has a fantastic opportunity as well.
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