NEW YORK: IMF chief Kristalina Georgieva said Artificial Intelligence has captivated the world and it poses risks to job security around the world.
She said it may fuel global growth, but “the research and new Preparedness Index showed that it would affect almost 40 per cent of jobs around the world, replacing some and complementing others.”
“With AI expected to have less effect in developing countries, around “40 percent of jobs globally are likely to be impacted,” she said, citing a new IMF report.
The IMF report published on Sunday evening says that only half of the jobs impacted by AI will be negatively affected; the rest may actually benefit from enhanced productivity gains due to AI.
“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,” Georgieva said.
Grappling with crises ranging from climate to conflicts to fake news, more than 2,800 leaders from around the world, including India, have begun gathering in this Alpine resort town for an annual five-day talkathon.
Those present for the 54th World Economic Forum Annual Meeting beginning Monday would include over 60 heads of state and governments, while Indian presence would be marked by three Union ministers, three chief ministers along with their ministerial colleagues and over a hundred CEOs.
A day before the ceremonial start to the WEF meeting, Davos is hosting for the first time national security advisors from 90 countries to discuss a peace plan for Ukraine, which would also be a key point of discussion at the WEF sessions, alongside the Israel-Gaza conflict, threats from AI-generated deep fakes in a bumper election year, climate change, economic slowdown, and a lot many problems before the world.
An estimated 1,600 business leaders, including 800-plus of the world’s top CEOs and chairpersons, will also participate, while there will also be more than 150 global innovators, tech pioneers and unicorns, as also over 35 cultural leaders.