World Bank jobs council urges ‘crisis-era’ employment support measures as IMF warns of AI ‘tsunami’
Summary
An employment council at the World Bank has called for emergency assistance policies amid growing concerns over artificial intelligence. Meanwhile, IMF head Kristalina Georgieva cautioned that this technology is disrupting international labor, emphasizing that younger individuals just joining the workforce face the greatest risk from the shift.
IMF Chief Kristalina Georgieva warned AI is hitting the global labor market like a “slow-moving tsunami,” with young workers entering the job market the most exposed.
Source: Read the full story at Economy
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.