According to the Financial Times, Gita Gopinath, the First Deputy Managing Director of the IMF, has cautioned about the significant disturbances that could arise in labour markets due to generative artificial intelligence. She has urged policymakers to promptly establish regulations to manage this technology. “We need governments, we need institutions, we need decision-makers to act quickly on all fronts, in terms of regulation, but also in preparing for possible major disruptions in the labor market,” Gopinath said in an interview with the Financial Times. It also urged governments to strengthen…

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