Monday, 12 October 2026 Updated 16 min ago
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World Bank jobs council urges 'crisis-era' employment support measures as IMF warns of AI ‘tsunami’

IMF Chief Kristalina Georgieva warned AI is hitting the global labor market like a “slow-moving tsunami,” with young workers entering the job market the…

CNBC reports: IMF Chief Kristalina Georgieva warned AI is hitting the global labor market like a “slow-moving tsunami,” with young workers entering the job market the most exposed.

This business story centres on the United States. Names and organisations mentioned in the coverage include AI, World Bank and IMF Chief Kristalina Georgieva.

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Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.

Key details

Location
United States · Americas
Reported by
CNBC
First reported
Key names
AI, World Bank, IMF Chief Kristalina Georgieva, IMF
Section
Business

Sources

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Read the full story at CNBC

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