IMF Head Warns Policymakers Not To Ignore Growing Fears Over AI And Jobs— 'We Collectively Did Not Appreciate...'

IMF Managing Director Kristalina Georgieva warned policymakers that AI's job displacement risks must not be ignored, comparing the situation to globalization's uneven impact. While some economists argue AI is creating jobs in infrastructure and specialized roles, concerns persist about potential disruption to 60% of jobs in advanced economies and 40% globally, with younger and middle-class workers facing greatest risk.