Comment on IMF chief warns of AI “tsunami” facing six in 10 jobs

IMF chief warns of AI “tsunami” facing six in 10 jobs

International Monetary Fund (IMF) chief Dr Kristalina Georgieva has warned of an artificial intelligence (AI)  “tsunami” that could make a significant impact on the international labor market. The head of the IMF was speaking at an event organized by the Swiss Institute of International Studies when she opined that 6 of every 10 vacancies in advanced economies could be affected. As originally reported by Reuters, Georgieva’s stern assessment indicated the force could be felt within the next two years, “We have very little time to get people ready for it, businesses ready for it,” she said. “It could bring a tremendous increase in productivity if we manage it well, but it can also lead to more misinformation and, of course, more inequality in our society.” Balance and resilience will be key to the upcoming challenge, as workers adapt and upskill to meet the challenges and opportunities presented by AI.

 

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