IMF Managing Director Kristalina Georgieva warns that AI could alter 40% of jobs worldwide, with the highest risk facing young people in routine and repetitive roles. These labor disruptions may eventually force a restructuring of how governments collect taxes. Despite these risks, heavy investment in AI infrastructure is currently sustaining global growth at around 3%, specifically benefiting hardware-supplying Asian economies such as Thailand.
Tuesday, October 20, 2026
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World Bank Urges Crisis Era Measures to Combat AI Job Tsunami
AI9 days ago
A group of experts from the World Bank is advocating for immediate interventions to protect workers against the systemic threats posed by generative technology. The jobs council is calling for "crisis-era" support measures to mitigate a disruptive "tsunami" of artificial intelligence that may upend global employment structures and government revenue streams.
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