Artificial intelligence statement from IMF President Georgieva: "It hit the workforce like a tsunami"

International Monetary Fund (IMF) General Manager Kristalina Georgieva said in her statement that artificial intelligence has hit the global labor market like a tsunami.

The fact that artificial intelligence has the potential to automate many jobs raises concerns that it will have a major impact on the labor market.

"IT WILL AFFECT 40 PERCENT OF BUSINESSES WORLDWIDE"

IMF Director General Georgieva painted an alarming picture in her speech at an event in Zurich, saying that artificial intelligence will affect 60 percent of jobs in developed economies and 40 percent of jobs worldwide in the next two years.

"IT MAY LEAD TO MORE INEQUALITY"

Speaking at an event organized by the Swiss Institute of International Studies affiliated with the University of Zurich, Georgieva said: "We have very little time to prepare people and businesses for this. If we manage it well, it can provide a tremendous increase in productivity, but it will also lead to more misinformation and, of course, more inequality in our society." "It can also lead to he said.