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UN Warns AI Could Disrupt 40% of Jobs and Deepen Global Inequality

A new UNCTAD report highlights automation risks, economic concentration, and the need for inclusive AI governance to bridge global divides.

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AI is creating vast opportunities, but also risks deepening inequalities, the UN warns
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Overview

  • The UNCTAD report estimates that artificial intelligence could affect 40% of jobs globally, with advanced economies most exposed to automation risks.
  • AI benefits are concentrated among a few corporations, with 40% of global AI R&D spending dominated by 100 firms, primarily in the US and China.
  • Developing nations, especially in the Global South, are largely excluded from AI governance discussions, risking further technological and economic divides.
  • The AI market is projected to grow from $2.5 trillion in 2023 to $16.4 trillion by 2033, with AI becoming a key driver of economic transformation.
  • The UN emphasizes the importance of reskilling, international cooperation, and inclusive governance to ensure AI fosters equitable and sustainable development.