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Benzinga
  • 2 years ago
AI is likely to worsen overall global inequality, with nearly 40% of jobs worldwide potentially affected, according to an assessment by the International Monetary Fund. High-income countries face greater risks from AI, with 60% of jobs estimated to be impacted, compared to 40% in emerging markets and 26% in low-income nations. Workers who can access the benefits of AI may see higher productivity and salaries, while those who cannot are at risk of falling further behind, worsening income and wealth inequality within countries.
Transcript
00:00 It's Benzinga and here's what's on the block. AI is likely to worsen overall global inequality,
00:05 with nearly 40% of jobs worldwide potentially affected according to an assessment by the
00:09 International Monetary Fund. High-income countries face greater risks from AI, with 60% of jobs
00:14 estimated to be impacted, compared to 40% in emerging markets and 26% in low-income nations.
00:20 Workers who can access the benefits of AI may see higher productivity and salaries,
00:24 while those who cannot are at risk of falling further behind, worsening income and wealth
00:27 inequality within countries. The analysis was released as business and political leaders
00:32 gathered at the World Economic Forum in Davos. For all things money, visit Benzinga.com.
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