Artificial intelligence hitting labour forces like a "tsunami"

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ZURICH : Artificial intelligence is hitting the global labour market "like a tsunami" International Monetary Fund Managing Director Kristalina Georgieva said on Monday.

FILE PHOTO: Kristalina Georgieva, Managing Director, International Monetary Fund, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. REUTERS/David Swanson/File PhotoZURICH : Artificial intelligence is hitting the global labour market"like a tsunami" International Monetary Fund Managing Director Kristalina Georgieva said on Monday.

"It could bring tremendous increase in productivity if we manage it well, but it can also lead to more misinformation and, of course, more inequality in our society." "We are not in global recession," said Georgieva, who was heckled by protesters calling for action on climate change and tackling developing world debt.

Source: News Formal (newsformal.com)

 

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