IMF chief: AI props up growth while erasing young workers' first jobs

rohanpaul_ai · x · 2026-10-14

IMF chief Kristalina Georgieva warns AI is propping up world growth while erasing entry-level jobs, since newcomers start in routine work most exposed to automation. IMF research sees AI affecting 60% of jobs in advanced economies and 40% globally, half negatively. Its models also estimate an AI bust costs 1.1% of output by 2028—nearly double the 0.6% a boom adds by 2029.

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