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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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Pakistan declares AI chatbots to be dangers to security.

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The National Computer Emergency Response Team (CERT) has released a security advisory concerning the increasing utilization of artificial intelligence (AI) chatbots, emphasizing potential hazards related to the exposing of private data.

The recommendation recognizes that AI chatbots, like ChatGPT, have gained significant popularity for personal and professional duties owing to their capacity to improve productivity and engagement. Nonetheless, the CERT cautions that these AI systems frequently retain sensitive information, so posing a danger of data breaches.

Engagements with AI chatbots may encompass sensitive information, such as corporate strategy, personal dialogues, or confidential correspondence, which could be compromised if inadequately safeguarded. The warning emphasizes the necessity for a comprehensive cybersecurity framework to alleviate concerns associated with AI chatbot utilization.

Users are advised against inputting critical information into AI chatbots and are encouraged to deactivate any chat-saving functionalities to mitigate the danger of unwanted data access. The CERT additionally advises performing routine system security checks and employing monitoring tools to identify any anomalous behavior from AI chatbots.

Organizations are urged to adopt rigorous security protocols to safeguard against possible data breaches resulting from AI-driven interactions.

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Unlawful VPNs: Terrorists Utilize Unregistered VPNs to Disseminate Propaganda

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Terrorists utilize illicit VPNs to disseminate propaganda and misinformation while concealing their identities.

Several accounts have been uncovered and are under investigation.

The cessation of non-registered VPNs is crucial for the nation’s economy.

The PTA is blocking illegal URLs and websites disseminating objectionable material upon verification.

Forensic investigations of websites have yielded startling results.

Disseminating erroneous information is more facile using unregistered VPNs.

Terrorists were exploiting these unverified VPNs.

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Air University Holds A Revolutionary Event For Students Focusing On Cybersecurity

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Air Marshal (R) Asad Lodhi has praised the Pakistan Cyber Security Challenge, an initiative by the Air University and Higher Education Commission that aims to train future cyber security experts and pioneers. At the opening ceremony of the two-day Pakistan Cyber Security Challenge, which took place at Air University in Islamabad, he was the chief guest.
Showdown challenges, the Ideas Cup, and the Pakistan Crypt Challenge are all part of the Pakistan Cyber Security Challenge, which lasts for two days.

Air Marshal (R) Abdul Moeed Khan, VC of Air University, made a speech praising the cyber security abilities of Pakistani youth, saying that they are among the best in the world and will help the country face cyber threats. A haven for cyber security excellence, he said, Pakistan Cyber Security Challenge 2024. Additionally, he praised the Air University for its innovative and outstanding work in this area.
At the inaugural ceremony of the Pakistan Cyber Security Challenge, Dr. Zia Ul Qayyum, executive director of the Higher Education Commission, also spoke to the crowd. He discussed how HEC has created a welcoming atmosphere and helped facilitate projects such as the Pakistan Cyber Security Challenge.
As part of the inauguration event, an MoU was also signed. Guests and participants were given souvenirs as the opening ceremony came to a close.

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