IMF chief says AI may reshape global employment
Kristalina Georgieva warned that artificial intelligence could touch roughly two in five jobs worldwide, with younger entrants most vulnerable.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
International Monetary Fund Managing Director Kristalina Georgieva said artificial intelligence is expected to affect about 40% of jobs worldwide. She said the technology is already reducing demand for many workers by taking over routine, repetitive tasks. Young workers entering the job market were described as the most exposed.
Why it matters
The reports indicate that the shift threatens jobs and tax revenue. They also cite a call from a World Bank jobs council for crisis-era support measures.
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