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IMF calls for stronger social safety net to 'broaden' gains from AI

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IMF calls for stronger social safety net to 'broaden' gains from AI

Fiscal policy has a "major role to play" in broadening the financial gains from generative AI technology and preventing a spike in wealth inequality, the IMF said Monday. "Fiscal policy has a major role to play in supporting a more equal distribution of gains and opportunities from generative-AI," IMF staff wrote in a blog post published to accompany the new paper.