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AI to expose nearly 40% of jobs worldwide: IMF

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“As a result, advanced economies face greater risks from AI—but also more opportunities to leverage its benefits—compared with emerging market and developing economies,” Georgieva said on a blog post this week.

The IMF chief said roughly half of exposed jobs in advanced economies are at risk due to AI applications executing key tasks that can be carried out by humans, which could lead to lower demand, lower wages, and reduced hiring.

“In the most extreme cases, some of these jobs may disappear,” she said.

The IMF’s findings echo previous report from Goldman Sachs that the rapid emergence of AI could put 300 million jobs at risk.

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Meanwhile, the analysis also suggested that while emerging and market developing economies face lesser risks of disruption from AI, they are also less ready to seize its benefits.

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