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The International Monetary Fund ( IMF) is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.
Christine Madeleine Odette Lagarde ( French: [kʁistin madlɛn ɔdɛt laɡaʁd]; née Lallouette, IPA: [lalwɛt]; born 1 January 1956) is a French politician and lawyer who has served as President of the European Central Bank since 2019. She previously served as the 11th Managing Director of the International Monetary Fund (IMF) from 2011 to 2019.
Almost 40% of jobs around the world could be affected by the rise of artificial intelligence (AI), a trend which is likely to deepen inequality, according to the International Monetary Fund (IMF).
IMF Managing Director Kristalina Georgieva said that AI is "like a tsunami" that will have a significant impact on the global workforce and could boost productivity if managed well.
AI will impact about 40% of jobs across the world, according to the report. In advanced economies, that number will be even higher with an estimated 60% of jobs affected by AI.
The IMF isn't a singular voice on possible economic aftershocks from AI. In research of its own in 2023, Goldman Sachs economists found that advances in AI could expose the equivalent of 300 ...