IMF Chief Warns AI will Affect 40% of All Jobs | Job Market Crisis | Vantage with Palki Sharma

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  • Опубліковано 14 тра 2024
  • IMF Chief Warns AI will Affect 40% of All Jobs | Job Market Crisis | Vantage with Palki Sharma
    The chief of the International Monetary Fund has warned that Artificial Intelligence is like a "tsunami" poised to hit the job market in the coming years. She said that AI will affect 60% jobs in developed countries and around 40% jobs in the world. While AI is expected to replace millions of jobs in sectors like coding and tutoring, it will also create up to 97 million new jobs, according to the World Economic Forum. Fears of AI replacing humans have resurfaced after OpenAI and Google unveiled new and powerful models that can boost human productivity. How can you prepare for a world where AI is taking over jobs? Palki Sharma tells you.
    ---
    International Monetary Fund | Artificial Intelligence | Job Market Crisis | Firstpost | World News | News Live | Vantage | Palki Sharma | News
    #internationalmonetaryfund #artificialintelligence #jobmarketcrisis #firstpost #vantageonfirstpost #palkisharma #worldnews
    Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
    The show is anchored by Palki Sharma, Managing Editor, Firstpost.
    By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
    Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.

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КОМЕНТАРІ • 515

  • @anilprasanna
    @anilprasanna 14 днів тому +62

    2 of my close friends lost their jobs in USA without any hints. They are just locking their laptops one fine day. But company stock price is at life time high. What a world!

  • @8000RPM.
    @8000RPM. 14 днів тому +71

    AI will eliminate many more jobs than it creates.

  • @MBtravel
    @MBtravel 14 днів тому +147

    Models,new anchors, photo and video editors, bankers, analyst all jobs would be gone by 2027

  • @paulthomas6072
    @paulthomas6072 14 днів тому +145

    Then the population crisis is a blessing... No use having kids without them having jobs 😂

  • @shihabahmed2809
    @shihabahmed2809 14 днів тому +172

    To summerize poor will become poorer , mid will stay mid , rich will get richer

  • @bhavtosh5328
    @bhavtosh5328 14 днів тому +25

    Banking is already digital

  • @Alternative-ni5cg
    @Alternative-ni5cg 14 днів тому +120

    40 % is an underestimate. It will be more than 70% in the next 10 years

  • @kishkindhaa
    @kishkindhaa 14 днів тому +43

    The basic premise of automation is to relieve man of drudgery. So that he can enjoy the things that really matter to his being on this planet: family, society, painting, dancing singing, playing, loving, caring, sharing! How ironic that we have forgotten why we started automation in the first place 🙏

  • @ufosrus
    @ufosrus 14 днів тому +10

    The same techies that gentrified our cities in California are already losing their jobs.

  • @mhlsunil
    @mhlsunil 14 днів тому +34

    So who will demand these products, companies are producing. So without jobs, there'll not be any demand and to whom these so called big companies will sell its goods and services?!!

  • @xi-tler3873
    @xi-tler3873 14 днів тому +16

    Countries should fix the 'minimum count of employee' as per company's revenue..

  • @MrSatadal
    @MrSatadal 14 днів тому +56

    It will have effect more on Indian BPO & call Centers (already started)

  • @amoghars
    @amoghars 14 днів тому +22

    Learning needs human touch. We know what smartphones have done to regular classrooms. It has turned into a disruptive technology.

  • @vaishakviswam1970
    @vaishakviswam1970 14 днів тому +21

    Imagine worlds First A.I to complain or file a case in the highest court against a human protesting for right to work, return of manual labour, salary increment...etc. it will be real fun to see such things happening in the future.

  • @androidphone6972
    @androidphone6972 14 днів тому +19

    Sad life

  • @ai.ryan686
    @ai.ryan686 14 днів тому +67

    Let me do farming now

  • @IrkyMan
    @IrkyMan 14 днів тому +75

    No jobs, No marriages, No kids

  • @alameenibraheemhameed4346
    @alameenibraheemhameed4346 14 днів тому +73

    I wish too, cuz Im currently jobless let them come and join us 😂😂😂

  • @decryptingHollywood
    @decryptingHollywood 14 днів тому +35

    welcome to real life dystopia

  • @teebone2157
    @teebone2157 14 днів тому +21

    If this is true then the US economy would crash.Since it depends on consumer spending so much it's consumers have no money we are in a depression