Artificial intelligence will be a “tsunami hitting the labour market”, with young people worst affected, the head of the International Monetary Fund warned the World Economic Forum on Friday. “We expect over the next years, in advanced economies, 60% of jobs to be affected by AI, either enhanced or eliminated or transformed – 40% globally,” she said. By contrast, Georgieva warned that AI would wipe out many roles traditionally taken up by younger workers. “We are dependent on each other,” she said, pointing out that AI was capital intensive, energy intensive and data intensive. Lagarde also sounded the alarm about widening global inequality, highlighting the “disparity that is getting deeper and bigger”.

Source: The Guardian January 24, 2026 01:42 UTC