Creative skills will affect 40 percent of jobs in the world, according to the IMF

Creative talent is poised to impact nearly 40 percent of all jobs, according to a new study by the International Monetary Fund (IMF).

Managing director at the IMF, Kristalina Georgieva, said that "in most areas, innovation is likely to lead to a shift in social equity".

Kristalina Georgieva added that government policymakers should try to overcome this "irritating situation" to "prevent the creation of fueling the conflict between people".

The proliferation of artificial intelligence has once again put the world under scrutiny for its advantages and disadvantages.

The International Credit Fund says that artificial intelligence is likely to affect a significant share of jobs - as many as 60 percent - in developed economies.

In half of these areas, employees can expect to benefit from the combination of their business and creative skills, which will improve their productivity.

In some cases, artificial intelligence will be able to perform tasks that are currently performed by humans. That will reduce the demand for labor, and will affect the payment of wages and may even eliminate jobs.

At the same time, the IMF predicts that manufacturing will affect only 26 percent of jobs in low-income countries.

The study reinforces a report by financial institution Goldman Sachs that by 2023 it estimated that artificial intelligence could replace the equivalent of 300 million full-time jobs - but said there was potential for new jobs to be created as well. development of work ethic.

Mrs. Georgieva said that "many of these countries do not have the infrastructure or skilled workers to take advantage of the benefits of innovation, which runs the risk that at some point the innovation may make the inequality between countries worse."

Another great thing is that young high-wage workers can get a substantial increase in their wages after embracing the technology.

Older workers and low-income earners could face a downturn, the IMF believes.

"It is important for countries to develop a comprehensive support system for vulnerable families and to retrain vulnerable workers," said Kristalina Georgieva. "By doing this, we can bring everyone into the process of transforming jobs into creative talent, to protect lives and overcome inequality."

The International Monetary Fund study comes at a time when world and business leaders are gathering at the World Economic Forum in Davos, Switzerland.

Artificial Intelligence is a hot topic, after the popularity of apps like ChatGPT or Kwazai.

Thank you.

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