IMF did not say AI will take over 40% of all jobs

[DoomGuy_]

almost 40 percent of global employment is exposed to AI

Source: IMF | The National

IMF predicts AI will take over 40% of all jobs.

This is the headline that's being circulated, and it is not what the IMF said. They estimated nearly 40% of jobs are exposed to AI, and Georgieva said in Bangkok that over time these jobs might be enhanced, downgraded or eliminated. Only one of the three is eliminated, take over is a stretch, lol.

According to the IMF's own analysis, half of the exposed jobs may actually gain from AI, while the other half could experience lower wages and less hiring. It also affects the most developed economies the most, with 60% of jobs exposed, compared to roughly 25% in low income countries, as AI is not just after the routine jobs.

What concerns me is the jobs at the entry level, the president of Singapore said that there is already a decline in demand for some of these jobs. No one knows what's going to happen here, but i would rather educate myself on how to use these tools than freak out because of a headline, it is the same fud we see in the crypto world.

Do you already use AI in the workplace?

[_act_]

AI will take people's job is just to make people to be scared, but that is far from the truth if they did not let people know that AI is also creating jobs.

Do you already use AI in the workplace?

See AI like when computer was created. If you do not use it, you are missing a lot of things. Anyone that have not used AI before should test it and see how they work.

But I do not think there are anyone that are not using AI, especially the Large Language Model part of it. Almost everyone are using Google search, it is automatically seen on top of Google search results.

[asriloni]

What IMF says is just to calm down people who feel worried AI will be taking their job. I personally don't even trust what IMF says after i saw so many companies are looking for the exp people to train AI for them. The point is that AI will still cut down the need for so many people to do the jobs.

AI will take people's job is just to make people to be scared, but that is far from the truth if they did not let people know that AI is also creating jobs.

I also saw this speculation about AI could create more jobs, but it's only a speculation. In fact, companies may be using AI for the automation and cost eficiency.  If such things happen, AI would be decreasing the jobs instead of increasing it. Look at self driving car who replaced taxi driver in some developed countries.

[atookz]

Good clarification. Exposed is not replaced and the IMF study itself reports mixed results.

Another point from the same analysis: emerging markets are about 40% exposed; low-income countries are about 26% exposed. Lower exposure is certainly welcome news, but the economies of those countries typically have fewer resources to reap the benefits of AI – fewer skilled workers and less infrastructure. That means AI could actually widen the gap between rich and poor economies.

I do agree that it's the entry-level jobs that I should be looking at. Simple, easy research, first drafts and simple coding are the easiest tasks that AI can do and are the way newcomers get introduced into the job. Companies with lower numbers of junior hires may find it hard to develop the talent pool of skilled hires.

To answer your question: yes, I use AI to make story videos. I use it to write the script, create images or scenes, and to create voiceovers, and then combine them in a video editor. It makes it much quicker, but it is not a one-click process. Characters also tend to be different from one scene to the next and the text or narration can sound unnatural, so I still have to hand fix and edit a lot. With me it's a tool that makes things faster, not one that replaces my creativity.

[_act_]

I also saw this speculation about AI could create more jobs, but it's only a speculation. In fact, companies may be using AI for the automation and cost eficiency.  If such things happen, AI would be decreasing the jobs instead of increasing it. Look at self driving car who replaced taxi driver in some developed countries.

This is not a speculation, you can make research about jobs that AI have created and the job that has been lost to AI. As of today, the jobs that AI have created and also indirectly in total exceeded the total number of jobs that AI has displaced. So what many people were thinking about AI in the past few years ago are wrong.

[boyptc]

but i would rather educate myself on how to use these tools than freak out because of a headline, it is the same fud we see in the crypto world.

Exactly but it is not romanticized because the situation is real and AI is already being used and replaced human labor workforce.

And that's why I am believing more those people who are saying that people who don't know how to use AI will be replaced by those who know how to.

Like in the past ages, I think there's also this dilemma that they have experienced when the machines have been invented for manufacturing and made production faster. It's the same as what we're having although one sad reality is that, it's replacing a lot of workforce that can't adapt.

[Hewlet]

almost 40 percent of global employment is exposed to AI

Source: IMF | The National

IMF predicts AI will take over 40% of all jobs.

This is the headline that's being circulated, and it is not what the IMF said. They estimated nearly 40% of jobs are exposed to AI, and Georgieva said in Bangkok that over time these jobs might be enhanced, downgraded or eliminated. Only one of the three is eliminated, take over is a stretch, lol.

There is a general statement and afterwards, every individual is expected to take that information and filter it to the way it applies to him/her. even if AI will only take 10% of the current jobs, some people will fall under that category and others will not. yours is to ensure that you at the winning side and not part of those that can be displaced by any form of technological trend.

AI is advancing more and more and some of the sectors we think wont get affected have started to be affected by it. the goal is simply to remain relevant regardless of the way or the manner in which technology and AI gets involved in most works.

[Nathrixxx]

almost 40 percent of global employment is exposed to AI

Source: IMF | The National

IMF predicts AI will take over 40% of all jobs.

I think you are the one that is causing the confusion from your own statements being made whereby you stated that AI will take over 40% of all jobs.

Why not use "it may"instead? Whenever you are making your statement try to show the difference between what you have already confirmed to be possible and what is likely to be possible, when you say it will take over 40% of all jobs shows a level of certainty in what you are saying and well convinced about it, sometimes you make our statement more complicated than the issue area around by how we presented them.

[Filicius]

Good clarification. Exposed is not replaced and the IMF study itself reports mixed results.

It is nothing more than the typical tactic constantly used by the media. They know perfectly well that most readers do not read the news in its entirety but are left with the feeling that the headline conveys to them, and in this case it is precisely the opposite of what the IMF wanted to convey, as you rightly point out.

The future will tell what will ultimately happen to those jobs, and the analyses seem more speculative than anything else. But manipulation in the media is something about which there is no doubt.

[coin-investor]

What concerns me is the jobs at the entry level, the president of Singapore said that there is already a decline in demand for some of these jobs. No one knows what's going to happen here, but i would rather educate myself on how to use these tools than freak out because of a headline, it is the same fud we see in the crypto world.

That's how we should take it, AI is born out of necessity because every industry wants an almost perfect and consistent system and to do tasks, the approach should be if you can't beat 'em, then join 'em, learn how to adapt, use AI to your advantage consider it as a tool for you to grow in your field and not something that will beat you out of your job.

Do you already use AI in the workplace?

Students, professors, professionals, and freelancers are already using AI. Even if we search online, we use AI, so we can safely say that everybody is using it now.

[danherbias07]

I only use AI in Google, but I never really tried to maximize its usage like those applications that need to be downloaded and bought to get a better service.

I have friends who were already affected when AI emerged and was hyped. Some of them literally lost their jobs, and some were still looking for a new one but having a hard time getting one. It's not like they are lazy or anything, but it's not easy to follow that motto of "if you cannot beat them, join them". It's like starting from scratch, and they will need to educate themselves on how they can apply AI to get a job. They may actually need to get a certificate or something to be hired again.

[Gozie51]

Do you already use AI in the workplace?

Most of the jobs that are manually done are now getting the prompt of AI and they are phasing out. Growing up, we had video camera studios everywhere on the streets and we had young people learn the skill as vocation but with the current AI advancement, it can help you with different designs, videos and almost anything you want to do. Office desk assistant like customer service is now changing with the help of AI, first line response are now done by bots at least the less complex stage. Some companies now have telegram bot that take first line request from customers and direct them on their enquiry. Banks are also cutting down on the numbers of staffs that they are using because of the different rolls AI is used to assist in labour. ATM has really helped to decongest the numbers of people clustering the cashier desk years back. So in big organizations, AI is being used to take over jobs of receptionist because you don't need human interaction or to open doors to have access. In music, AI is used to compose songs, AI is used to write script etc. You can compose your own song using AI and that means soon, musicians will be hit with what is coming.

In virtually all fields of live, AI has a kind of effect and change in them. I have heard that AI is now used to read scan faster.

[Die_empty]

Do you already use AI in the workplace?

Those who fail to integrate AI into their work task might end up being sacked or go out of business. These tools reduce the cost of performing tasks and make them easier to accomplish. I was speaking with a music producer who told me a few years ago that he would never use AI in song production because he believed in originality. A few weeks ago, he told me that he had changed his view because he was losing jobs. Other producers are engaging their craft with AI. I am using AI and still developing my skills by learning more packages.

[letteredhub]

almost 40 percent of global employment is exposed to AI

Source: IMF | The National

IMF predicts AI will take over 40% of all jobs.

This is the headline that's being circulated, and it is not what the IMF said. They estimated nearly 40% of jobs are exposed to AI, and Georgieva said in Bangkok that over time these jobs might be enhanced, downgraded or eliminated. Only one of the three is eliminated, take over is a stretch, lol.

According to the IMF's own analysis, half of the exposed jobs may actually gain from AI, while the other half could experience lower wages and less hiring. It also affects the most developed economies the most, with 60% of jobs exposed, compared to roughly 25% in low income countries, as AI is not just after the routine jobs.

What concerns me is the jobs at the entry level, the president of Singapore said that there is already a decline in demand for some of these jobs. No one knows what's going to happen here, but i would rather educate myself on how to use these tools than freak out because of a headline, it is the same fud we see in the crypto world.

Do you already use AI in the workplace?

Did you know that when the world was gradually entering into the computer age it was really scary with all the different speculations and analysis that were going around about how certain career people are gonna lose their jobs. Finally it was only those who conservatively failed to embrace the development by educating themself on how to with expertise know how to operate computer. Today, nobody talks about the typewriter because the world have gotten used to using the computer to execute tasks easily since the computer can't operate itself, and that's exactly how the AI-job-taken saga's going to be as well, in time.

[Cryptomultiplier]

almost 40 percent of global employment is exposed to AI

Source: IMF | The National

IMF predicts AI will take over 40% of all jobs.

This is the headline that's being circulated, and it is not what the IMF said. They estimated nearly 40% of jobs are exposed to AI, and Georgieva said in Bangkok that over time these jobs might be enhanced, downgraded or eliminated. Only one of the three is eliminated, take over is a stretch, lol.

According to the IMF's own analysis, half of the exposed jobs may actually gain from AI, while the other half could experience lower wages and less hiring. It also affects the most developed economies the most, with 60% of jobs exposed, compared to roughly 25% in low income countries, as AI is not just after the routine jobs.

What concerns me is the jobs at the entry level, the president of Singapore said that there is already a decline in demand for some of these jobs. No one knows what's going to happen here, but i would rather educate myself on how to use these tools than freak out because of a headline, it is the same fud we see in the crypto world.

Do you already use AI in the workplace?

Did you know that when the world was gradually entering into the computer age it was really scary with all the different speculations and analysis that were going around about how certain career people are gonna lose their jobs. Finally it was only those who conservatively failed to embrace the development by educating themself on how to with expertise know how to operate computer. Today, nobody talks about the typewriter because the world have gotten used to using the computer to execute tasks easily since the computer can't operate itself, and that's exactly how the AI-job-taken saga's going to be as well, in time.

AI inclusivity is a must in almost every sector of the world economics and it's better for those who hold positions that could easily be replaced by AI to upgrade their knowledge and better position themselves.
Just as we see most coding jobs being left to AI like Claude, those who are still focusing on the initial coding languages will find no need for that knowledge and be outted by AI if they don't upgrade to learn and understand other languages and learn to apply AI in those intersections.

[BIT-BENDER]

Tu reality is that they are people who would not use the service of an artificial intelligence if they could actually use humans to fill in the role.
Buy the truth is that Artificial intelligence is actually taking some jobs, but some of the jobs I have seen done with artificial intelligence has been void of artistry or real work, take for example graphic design done using artificial intelligence is a mess and looks very similar amongst people using it.
Artificial intelligence will take more people's job that is just the truth.

[snowpega]

There is no doubt that AI is going to replace many jobs and some specific fields in many sectors.
But don't you guys think that, in the time we are living in, AI will also help us a lot to make more money? Like, we know there are many business models and platforms where we can make a really good amount of money. Like, by selling online on multiple platforms. And AI can play a vital role in managing all A-to-Z tasks for us. This is why I think that, rather than fearing AI technology, we should think about how we can use this technology to become a successful person in life. The better you command it, the more accurate information it will bring you. So, you should now start to learn to give expert-level commands to take advantage of this technology. What do you guys say about this? CMIIW!

[knuckey]

I don't use AI in my workplace, because I'm a manual worker who doesn't need technology, and I believe AI reduces jobs in the technology sector in particular, AI is much simpler and faster, only requiring monitoring. Because AI is developing rapidly, everything is asked to AI, which means everyone will easily understand everything they need, the impact is bad for businesses but beneficial for consumers.

[Davidvictorson]

almost 40 percent of global employment is exposed to AI

Source: IMF | The National

IMF predicts AI will take over 40% of all jobs.

I do not believe the IMF.
While I believe that it is true that many jobs will become obsolete because of the emergence of AI backed technologies, yet new jobs and much more opportunities will be created and this is a fact.
AI will not fix itself, people will learn new AI skills that will become profitable and so on.
So, in my estimation, the IMF report is incomplete until they add the new job opportunities that AI will create.

[Spaceman1000$]

AI will take people's job is just to make people to be scared, but that is far from the truth if they did not let people know that AI is also creating jobs.

Do you already use AI in the workplace?

See AI like when computer was created. If you do not use it, you are missing a lot of things. Anyone that have not used AI before should test it and see how they work.

But I do not think there are anyone that are not using AI, especially the Large Language Model part of it. Almost everyone are using Google search, it is automatically seen on top of Google search results.

I sincerely want to agree with your first paragraph in your analysis, if the IMF is saying AI is going to take 40% of jobs, it is also good to recognize that AI can as well be used to create 40% of more jobs. It is the human beings that determines what the AI will do, so if we think about productivity, we should also think about AI that can be used to increase the capacity of productivity and how more jobs can be available for people instead of reducing jobs. I know the reason why some business owners are tilting towards AI is because of operational cost, but then human beings must have jobs, so the idea should be thinking on how to use AI to create more jobs not to reduce jobs.