The IMF warns of massive labor disruption due to AI

This article is a local version of our Disrupted Times newsletter. Subscribers can sign up here to receive the newsletter three times a week. Discover all our newsletters here Today’s top stories Israeli Prime Minister Benjamin Netanyahu dissolved the war cabinet he created after the Hamas attack on October 7, following the resignation of two … Read more

The IMF warns of ‘profound concerns’ about rising inequality due to AI

Stay informed with free updates Simply log in to the Artificial intelligence myFT Digest – delivered straight to your inbox. The IMF said it had “deep concerns” about massive labor disruptions and rising inequality as societies move towards generative AI, and urged governments to do more to protect their economies. In a report published Monday, … Read more

Interest rates should be cut to 3.5% by the end of 2025, says IMF – BBC News

Image source, Getty Images Item information Author, Faisal Islam and Nick Edser Role, Economics editor and business reporter, BBC News May 21, 2024 The International Monetary Fund (IMF) has recommended that UK interest rates should be cut to 3.5% by the end of next year. Such a move could see the Bank of England cut … Read more