GoKawiilIMF chief likens AI's labor impact to a 'tsunami' hitting young workers first
At an IMF event, Managing Director Kristalina Georgieva said AI is disrupting global labor markets like a slow-moving tsunami, warning that young people entering the workforce face the greatest risk as routine entry-level jobs disappear. Singapore President Tharman Shanmugaratnam, co-chair of the World Bank's Jobs Council, called on governments to make pandemic-era employment support measures a permanent structural policy tool rather than a temporary crisis response.