The UN Trade and Development research forecasts that AI could transform 40% of global jobs, necessitating regulation among leading nations. With the AI market projected to reach $4.8 trillion by 2033, the growth is primarily driven by productivity enhancements. While wealthier economies are poised to benefit from this change, poorer nations face substantial challenges in adapting. Debate exists over whether AI will create new jobs or simply displace existing ones, leaving millions at risk of employment disruption without clear guidance on future job migration patterns.
"AI could impact 40% of jobs worldwide, offering productivity gains but also raising concerns about automation and job displacement."
"The capacity of poor nations to make necessary changes to participate in this is very low. It will be up to wealthy nations to determine if underdeveloped countries can benefit from the advances."
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