Artificial intelligence is rapidly transforming the global economy, driving unprecedented productivity gains that are disproportionately benefiting the wealthy while threatening to eliminate millions of jobs. As AI-powered automation accelerates, concerns mount over widening income inequality and job displacement, particularly among low-wage workers. However, in a recent statement, the International Monetary Fund’s chief offered a cautiously optimistic perspective, suggesting that emerging AI technologies could ultimately create new opportunities and improve livelihoods for lower-income workers. This nuanced outlook highlights the complex economic and social challenges posed by AI’s rise-and the potential pathways to a more inclusive future.
AI driven productivity boosts contribute to widening wealth gap as affluent benefit disproportionately
Recent advances in AI-powered tools and automation have significantly boosted productivity, yet the benefits are concentrating among…
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Author : Sophia Davis
Publish date : 2026-01-26 09:26:00
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