For the most critical jobs that will be eliminated, the labor market is getting ready to eliminate forty percent of the positions that are currently available.
Within the next five years, artificial intelligence will be responsible for the disruption of forty percent of jobs.
In response to the 'tsunami' that will strike the labor market, the head of the International Monetary Fund stated that the Emirates were prepared to deal with it.
Over the next few years, artificial intelligence (AI) will be responsible for the disruption of around forty percent of occupations around the world; nevertheless, the United Arab Emirates is ready to meet the challenge. The head of the International Monetary Fund (IMF), who was addressing the World Governments Summit (WGS) 2024 on Sunday, has stated that this is the case.
Artificial intelligence disrupts 40% of jobs.
AI is responsible for the disruption of forty percent of occupations.
"Over the next few years, approximately forty percent of jobs will be exposed to artificial intelligence," said Kristalina Georgieva regarding the future of employment. Something akin to a tsunami is hitting the labor market. There is a possibility that some employment could be entirely eliminated, that new jobs will appear that we are unaware of, and that some jobs will be reduced.
It was her strong recommendation that every nation get ready for the new technologies. According to what she said, "the level of preparedness for the arrival of artificial intelligence is very different across the world." "There are some countries, such as the United Arab Emirates, that are significantly better prepared, but the majority of countries are falling behind." We are only able to make the most of opportunities if we are prepared to take advantage of them. Within the context of the development of skills for the future world of artificial intelligence, digital infrastructure and its accessibility to everyone are of utmost consideration.
