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‘Nearly 40% of global employment deemed exposed to AI’

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The imminent integration of artificial intelligence (AI) into the global economy holds the promise of unprecedented productivity, economic growth, and increased incomes, International Monetary Fund (IMF) Managing Director Kristalina Georgieva wrote in a blog for the global lender’s website.  

However, she added that this transformative wave also raises concerns about job displacement and deepening inequalities. The IMF emphasises the need for proactive policies to harness AI’s potential for the benefit of humanity while addressing its potential pitfalls.

Reshaping nature of work

IMF’s recent analysis delves into AI’s potential impact on the global labour market, acknowledging its complex ramifications. Nearly 40% of global employment is deemed exposed to AI, with advanced economies facing both higher risks and greater opportunities compared to emerging markets.

The study indicates that approximately 60% of jobs in advanced economies may be affected by AI, with half potentially benefiting from increased productivity while the other half faces potential job displacement, lower wages, and reduced hiring.

Nearly 40% of global employment deemed exposed to AI

Inequality challenges

AI exposure in emerging markets and low-income countries is expected to be 40% and 26%, respectively, suggesting fewer immediate disruptions.

However, the lack of infrastructure and skilled workforces in these regions poses a risk of widening global inequality over time. Within countries, AI could contribute to income and wealth polarisation, favouring workers adept at leveraging AI while potentially leaving others behind.

Proactive policy recommendations

Recognising the potential exacerbation of inequality, the IMF urges policymakers to establish comprehensive social safety nets and retraining programs to ensure an inclusive AI transition. The organisation emphasises the importance of proactive measures to prevent AI from widening societal divisions.

Nearly 40% of global employment deemed exposed to AI

AI preparedness index

To guide countries in crafting effective policies, the IMF has developed an AI Preparedness Index, evaluating readiness in areas such as digital infrastructure, human capital, innovation, and regulation. Wealthier economies, including Singapore, the United States, and Denmark, tend to be better equipped for AI adoption. 

The index serves as a tool for advanced economies to prioritise AI innovation while developing robust regulatory frameworks, and for emerging economies to focus on foundational investments in digital infrastructure and a digitally competent workforce.

As AI rapidly integrates into global businesses, the IMF underscores the significance of inclusive policies to navigate the transformative era, ensuring that AI brings prosperity to all.

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Cybersecurity firm reports exposure of sensitive DeepSeek data on the internet.

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The New York-based cybersecurity firm Wiz has discovered a cache of sensitive data from the Chinese artificial intelligence business DeepSeek that was mistakenly exposed to the public internet.

In a blog post released on Wednesday, Wiz reported that examinations of DeepSeek’s infrastructure revealed that the company had inadvertently exposed over a million lines of unencrypted data. The materials were digital software keys and chat logs that seemingly documented prompts transmitted from consumers to the company’s complimentary AI assistant.

The chief technical officer of Wiz stated that DeepSeek promptly safeguarded the data following the notice from his organisation.

“It was removed in under an hour,” stated Ami Luttwak. “However, this was exceedingly easy to locate, leading us to believe we are not the sole discoverers.”

DeepSeek did not promptly respond to a request for comment.

DeepSeek’s rapid success after the introduction of its AI helper has exhilarated China and incited concern in America. The Chinese company’s evident capacity to rival OpenAI’s skills at a significantly reduced cost has raised concerns regarding the viability of the business models and profit margins of U.S. AI behemoths like Nvidia and Microsoft.

By Monday, it surpassed the U.S. competitor ChatGPT in downloads from Apple’s App Store, prompting a worldwide decline in technology stocks.

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WhatsApp launches bulk channel management functionality

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WhatsApp has initiated testing of a bulk channel administration feature on iOS for select beta users, enabling the simultaneous selection of many channels, hence enhancing the efficiency of managing following channels.

This essential update enables users to perform bulk activities, including muting many channels simultaneously, designating them as read, and altering notifications. If the chosen channels are muted, users will now have the option to activate notifications. Users can swiftly silence unmuted channels in one action.

Additionally, this feature enables users to unfollow many channels simultaneously, thereby optimizing the process of decluttering their channel list. This change is particularly beneficial for users that oversee numerous subscriptions, as reported by WABetaInfo.

Previously, users were required to manage each channel individually, rendering tasks such as muting or designating channels as read laborious and time-consuming.

The functionality provides enhanced flexibility and control over channel subscriptions, enabling users to efficiently manage notifications. The solution streamlines laborious operations for consumers who subscribe to numerous channels, hence enhancing their entire experience.

Accessibility
The bulk management feature is presently accessible exclusively to a limited number of beta testers who installed the latest WhatsApp beta for iOS using the TestFlight application. WhatsApp, owned by Meta, plans to expand the feature’s availability to a larger user base in the next weeks.

This update demonstrates WhatsApp’s dedication to enhancing user experience by offering a clear and efficient method for managing channels and notifications.

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Pakistani internet slowdown: ongoing submarine cable issue

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Even after two weeks, the global submarine cable AAA-1 problem that was discovered on January 2 near Qatar has not been fixed, causing sluggish internet connection in several Pakistani towns.

According to a representative for Pakistan Telecommunication Company Limited (PTCL), the issue has affected customers’ capacity to effectively access social media applications and browse the online. Even with initiatives to fix the problem, social networking sites still lag during busy times.

Internet traffic has been redirected via alternate channels to lessen the impact, and more capacity has been set up to stabilize the service.

The PTCL representative promised that “Internet service across the country is operating normally, and there will be no issues with web browsing,” noting that social media applications’ lag is common during

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