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IMF: AI Supports Global Economic Stability
The International Monetary Fund has warned about Europe’s delay in the race to develop artificial intelligence, stressing the importance of urgency to enhance competitiveness. According to the World Bank, AI could increase productivity in around 20% of the region’s jobs. At the same time, reports indicate that artificial intelligence poses a threat to entry-level jobs worldwide, with 18% of such positions already eliminated, while major companies are pushing to establish regulatory agencies to monitor harmful applications.
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