Jacob King|Jan 23, 2026 14:36
BREAKING:
IMF Managing Director Kristalina Georgieva warns that artificial intelligence is set to hit the labor market like a “tsunami,” driving rapid disruption across the global economy.
She estimates AI will wipe out 60% of jobs in advanced economies and about 40% worldwide. While some workers are already seeing higher pay, she warned AI could wipe out entry-level roles, block young people from entering the workforce, and increase pressure on the middle class.(Jacob King)
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