Jobs & EconomyPartially correct
“Artificial intelligence is hitting the global labour market like a tsunami: AI is likely to impact 60% of jobs in advanced economies and 40% of jobs around the world in the next two years. We have very little time to get people ready for it, businesses ready for it.”
Managing Director, International Monetary Fund
Said May 13, 2024Deadline May 13, 2026Reuters (via U.S. News & World Report), remarks at a Swiss Institute of International Studies event in Zurich, 13 May 2024
AI exposure and adoption did spread broadly across white-collar occupations by mid-2026, but no 'tsunami'-scale labour-market impact on 60% of advanced-economy jobs materialised within the two-year window: the ECB reported in February 2026 that AI was raising productivity without a wave of redundancies, and the Fed judged AI's measured labour-market effects still limited.