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Generative AI set to affect 300 Million jobs across major economies

Generative AI, which is a type of AI that can create new content such as images, videos, and text, has the potential to impact many industries and jobs. According to a report by the World Economic Forum, the adoption of AI could result in the displacement of around 75 million jobs worldwide by 2022, while creating 133 million new ones. However, the report also notes that the impact of AI on jobs is not evenly distributed and that certain industries and occupations are more vulnerable to disruption than others.

It is difficult to estimate the exact number of jobs that could be affected by generative AI, as the technology is still relatively new and its applications are evolving. However, some estimates suggest that generative AI could potentially affect up to 300 million jobs across major economies.

While there is no doubt that AI will have a significant impact on the job market, it is important to note that it is not a zero-sum game. The technology has the potential to increase productivity, lower costs, and create new industries and opportunities. However, it is also important to consider the potential social and economic implications of AI and to take steps to ensure that the benefits are distributed fairly.

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