Artificial intelligence hitting labour forces like a “tsunami” - IMF ChiefNewsReuters -Artificial intelligence is hitting the global labour market “like a tsunami” International Monetary Fund Managing Director Kristalina Georgieva said on Monday. Artificial intelligence is likely to impact 60 per cent of jobs in advanced economies and 40 per cent of jobs around the world in the next two years, Georgieva told an event in Zurich. “We are not in global recession,” said Ms. Georgieva, who was heckled by protesters calling for action on climate change and tackling developing world debt. “Last year there were fears that most economies would slip into recession, that didn’t happen,” she said. “Inflation that has hit us with a very strong force is on the decline, almost everywhere.”You can share this post!

Source: Sunday Times May 15, 2024 05:56 UTC