Just as with past technology advancements, AI will also lead to income and economic disparity, job displacement and inequality, IMF says.

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AI is expected to impact 60% of jobs and worsen inequality, according to a report from the IMF. Advanced economies are more exposed to AI, but emerging markets and low-income economies are also affected. The report also highlights the potential displacement of higher-wage, white collar workers by AI. The IMF developed an AI Preparedness Index to measure the readiness of countries for AI adoption.

IMF: AI will impact 60% of jobs and worsen inequality

Women, older workers and those without higher ed the most impacted