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IMF's Georgieva says AI is a slow-moving tsunami for jobs and tax

NewsFeeds update

IMF managing director Kristalina Georgieva warned that AI is disrupting labour markets and tax systems, telling a Bangkok conference it is a slow-moving tsunami that still requires immediate policy action. She said AI may shift economic gains from labour to capital, weakening government tax revenues.

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The story so far: IMF Georgieva AI warning

IMF managing director Kristalina Georgieva warned that AI is a slow-moving tsunami disrupting labour markets and tax systems. She said AI infrastructure investment supports about 3% global growth, and now says central banks must factor in a possible AI-driven growth slowdown amid high valuations and market volatility.

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  1. IMF's Georgieva says AI is a slow-moving tsunami for jobs and tax

  2. IMF's Georgieva says AI investment supports about 3% global growth

  3. IMF's Georgieva says central banks must weigh AI-driven growth slowdown

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