How Will AI Transform Work & Jobs in Developing Countries?

Artificial Intelligence (AI) will profoundly impact the global economy. It has vast potential to benefit humanity, boosting productivity, growth and incomes, and improving health and wellbeing. Yet, its disruptive power also carries risks, including deep-fakes, displacing workers, and widening income and wealth inequalities within and across countries. AI models and applications are evolving faster than any prior technology, making it difficult to see the impact they will have. What are useful ways to think about AI’s impact on jobs across and within countries? How should developing countries craft policies and promote worker skills, digital infrastructure, and regulation to realize AI’s potential and minimize its risks? How well prepared are developing countries to do this? The IMF’s recent research on AI’s impact on the future of work will kick-off the discussion of these questions, followed by a dialogue with panelists focusing on AI’s impact on emerging market and developing country labor markets.