Artificial intelligence hitting labour forces like a "tsunami"

AI will hit the labor market like a ‘tsunami,’ IMF chief warns. ‘We have very little time to get people ready for it’

It could also lead to more misinformation and inequality, Kristalina Georgieva warned.

Artificial intelligence hitting labour forces like a "tsunami"

Artificial intelligence hitting labor forces like a ‘tsunami’

ZURICH: Artificial intelligence is hitting the global labor market “like a tsunami” International Monetary Fund Managing Director Kristalina Georgieva said on Monday.  Artificial intelligence is likely to impact 60 percent of jobs in advanced economies and 40 percent of jobs around the world in the next two years, Georgieva told an event in Zurich.  “We have very little time to get people ready for it, businesses ready for it,” she told the ev…

Christalina Georgieva, the Executive Director of the International Monetary Fund, said that artificial intelligence will hit the global labor market 'like tsunamis'. During a conference in Zurich yesterday, she added that it is likely that artificial intelligence will affect 60% of jobs in advanced economies and 40% of jobs around the world in the coming years.