Ai boosts productivity and bridges skill gaps. Ai will affect almost 40% of jobs around the world, according to the international monetary fund. But even before the full impacts materialize, beliefs about our ai future affect the economy today — steering young people’s career choices, guiding government policy and driving.
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What does ai mean for overall economic growth, productivity, and the labor market?
We need a careful balance of policies to tap its potential.
We are on the brink. Artificial intelligence research is filled with dramatic forecasts. Ai will transform the global economy, but job growth remains a key risk: Ai will affect almost 40 percent of jobs around the world, replacing some and complementing others.
Eswar prasad at davos eswar prasad, professor of economics at cornell university and former head of the imf’s.