Artificial intelligence is by no means guaranteed to benefit humans and we must consider its negative effect on employment and the social upheaval it could cause, Gita Gopinath warned on Monday.
In a lecture at Glasgow University to commemorate the 300th anniversary of Scottish enlightenment economist Adam Smith’s birth, the IMF’s First Deputy Managing Director said it’s possible that AI might simply replace human jobs without creating new, more productive work for them to move into…
Source- IMF Weekend Read, 10 June, 2023.