Bill Gates sees AI as a productivity boost for white-collar workers and coders, citing significant improvements in efficiency. However, the impact of AI on the labor market is inconclusive at the World Economic Forum, with about 40% of global employment exposed to AI, according to the IMF. In advanced economies, approximately 60% of jobs are AI-exposed, potentially leading to a “digital divide” and income disparity. IMF managing director Kristalina Georgieva emphasizes the need for a social safety net, especially for older workers facing AI-related job disruptions. Despite potential productivity gains, some experts, like Harvard’s Kenneth Rogoff, express uncertainty about AI’s impact on jobs, foreseeing potential job losses.
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