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World Bank jobs council urges crisis-era measures as IMF warns of AI shock
Original: World Bank jobs council urges 'crisis-era' support measures as IMF warns of AI ‘tsunami’ hit
The World Bank's jobs council is calling for 'crisis-era' support measures to protect workers, as the IMF warns that artificial intelligence could hit global employment like a 'tsunami'. The twin warnings highlight growing concern among major financial institutions that AI adoption may displace jobs faster than labour markets and safety nets can adapt, prompting demands for urgent policy responses.
Why now: Two major global institutions simultaneously warning about AI-driven job losses has renewed debate over how governments should protect workers.
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