IMF warns of AI impact on global labour market as jobs council urges support
The International Monetary Fund cautions that artificial intelligence poses significant risks to workers, particularly those entering employment.
At a glance
- IMF Chief Kristalina Georgieva characterised AI's impact on labour as a "slow-moving tsunami"
- Young workers entering the job market are identified as most vulnerable to AI-related disruption
- A World Bank jobs council is advocating for crisis-level support measures
The International Monetary Fund has warned that artificial intelligence is affecting the global labour market substantially, with young workers entering the job market facing the greatest exposure, according to IMF Chief Kristalina Georgieva.
Meanwhile, a World Bank jobs council has called for support measures comparable to those deployed during economic crises to address the challenges posed by technological change.
Why it matters
As artificial intelligence becomes increasingly integrated into the global economy, policymakers are signalling concern about employment disruption and the need for coordinated support strategies.
Original reporting
This brief was written with AI assistance from the reports listed above and checked against our editorial policy. Spotted an error? Request a correction.