Artificial intelligence hitting labour forces like a "tsunami"

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Pro-Palestinian encampment at Dalhousie University - May 13, 2024 | SaltWire #news #halifax #protestZURICH - 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." Although she expected more shocks, particularly due to the climate crisis, remained remarkably resilient, she said. "Last year there were fears that most economies would slip into recession, that didn't happen," she said."Inflation that has hit us with a very strong force is on the decline, almost everywhere."

 

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