Washington, Reuters. IMF Deputy Managing Director Gita Gopinath warned of disruption to labor markets due to generative artificial intelligence and called on policy makers to quickly draw up regulations to govern the technology.
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need of policy makers
“We need governments, we need institutions and we need to move quickly on all fronts, both in terms of regulation, but also in terms of preparing for potentially substantial disruptions to labor markets,” Gopinath told the FT in an interview. policy makers are needed.”
Gopinath also advocated for governments to boost social safety nets for workers affected by AI adoption while working on tax policies that don’t reward companies that replace workers with machines.
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Gopinath cautioned policy makers to be careful about the emergence of certain corporations in the new technology. “You don’t want to supersede companies with massive amounts of data and computing power that have an unfair advantage,” Gopinath explained.
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