The International Monetary Fund (IMF) Chief, Kristalina Georgieva, has issued a warning that the rise of artificial intelligence (AI) could lead to a “tsunami” of job losses. In a speech at the World Economic Forum in Davos, she emphasized the need for governments and businesses to prepare for this shift and invest in retraining workers.
Key Points:
– IMF Chief warns of job losses due to AI
– Kristalina Georgieva spoke at the World Economic Forum
– Preparation and investment in retraining necessary
Georgieva highlighted that automation and AI are already impacting various industries, including manufacturing, retail, and services. She urged policymakers to focus on creating a more inclusive labour market and ensuring that the benefits of technological advancements are shared equitably.
– AI and automation impacting various industries
– Inclusive labour market essential
– Equitable distribution of technological benefits
The IMF Chief also emphasized the importance of education and skills development in the face of technological change. She suggested that lifelong learning and adaptability would be crucial for workers to remain competitive in the labour market.
– Education and skills development vital
– Lifelong learning and adaptability necessary
– Workers must remain competitive in the labour market
Hot Take
And here I was thinking that robots were just going to make us all coffee and fold our laundry. Turns out they’re also after our jobs! Better start learning how to code or risk being replaced by a sentient toaster. #AItsComingForUsAll #RoboApocalypseNow*
Original Article: https://news.google.com/rss/articles/CBMic2h0dHBzOi8vd3d3LnJldXRlcnMuY29tL3RlY2hub2xvZ3kvYXJ0aWZpY2lhbC1pbnRlbGxpZ2VuY2UtaGl0dGluZy1sYWJvdXItZm9yY2VzLWxpa2UtdHN1bmFtaS1pbWYtY2hpZWYtMjAyNC0wNS0xMy_SAQA?oc=5