The rise of AI is already hitting pay and employment in occupations exposed to automation, research from the IMF has found, as it urged governments to give more support to workers who lose their jobs because of the technology.
Kristalina Georgieva, the IMF’s managing director, said policymakers should also look at redesigning education so young people entering the workforce could use AI “rather than compete with it”.
“The stakes go beyond economics. Work brings dignity and purpose to people’s lives. That’s what makes the AI transformation so consequential,” she said in a blog published ahead of the annual gathering of world leaders and executives in Davos in Switzerland next week.
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