Economy · World
IMF Chief Warns of AI's Threat to Global Jobs and Taxes
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that Artificial Intelligence (AI) poses a significant threat to global jobs and tax revenues. She described the impact of AI on the workforce as a "slow-moving tsunami," noting that the technology is already automating routine and repetitive tasks, leading to a decline in demand for many human workers. The World Bank's jobs council has called for "crisis-era" support measures in response to this emerging challenge.
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- Centre (3): Bloomberg, CNBC, The Japan Times