News Artificial intelligence hitting labor forces like a ‘tsunami’ — IMF chief

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

Artificial intelligence is likely to impact 60 percent of jobs in advanced economies and 40 percent of jobs around the world in the next two years, Georgieva told an event in Zurich. 

“We have very little time to get people ready for it, businesses ready for it,” she told the event organized by the Swiss Institute of International Studies, associated to the University of Zurich. 

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