DECRYPT · 2026-10-12 21:46 UTC

AI Will Hit 40% of Jobs, IMF Warns. Young People Are First in Line

IMF Managing Director Kristalina Georgieva said AI investment is sustaining global growth near 3% despite energy shocks, with AI expected to eventually affect about 40% of jobs worldwide and 60% in advanced economies. Asian economies building AI hardware - Taiwan, South Korea, Thailand, and Malaysia - are the biggest winners, with AI potentially adding 0.5 to 1 percentage point annually to advanced economy growth. Young workers entering the workforce face the most immediate job displacement as AI absorbs routine entry-level tasks; Georgieva warned AI could squeeze public finances and that…

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