IMF chief says AI holds risks, ‘tremendous opportunity’ for global economy ...Middle East

WASHINGTON — Artificial intelligence poses risks to job security around the world but also offers a “tremendous opportunity” to boost flagging productivity levels and fuel global growth, the International Monetary Fund (IMF) chief told AFP. AI will affect 60 per cent of jobs in advanced economies, the IMF’s managing director, Ms Kristalina Georgieva, said in an interview in Washington, shortly before departing for the annual World Economic Forum in Davos, Switzerland. With AI expected to have less effect in developing countries, around “40 per cent of jobs globally are likely to be impacted,” she said, citing a new IMF report. “And the more you have higher skilled jobs, the higher the impa

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