IMF Chief Kristalina Georgieva says 40% of jobs can be impacted by AI in developing countries and 60% of jobs can be impacted in developed countries

IMF Chief Kristalina Georgieva says 40% of jobs can be impacted by AI in developing countries and 60% of jobs can be impacted in developed countries

Inequalities can grow due to Artificial Intelligence. So social safety needs are needed.

Government should take care to retrain people to upskill who are with low skills to reduce inequalities.

Social safety ropes (Nothing but scaling people capabilities or uplift skill) is needed by Government and organizations.

Due to AI few people salaries will increase who can add more value to AI and few jobs may completely vanish.

Just to add additional notes to IMF Chief Kristalina Georgieva comments, companies like Intel, Microsoft, Google, Salesforce, Nvidia, TSMC, Apple, Amazon, Tesla like companies spending huge amounts of money in Artificial Intelligence.