#IMF: AI is coming for the job market

Kristalina Georgieva, managing director of the IMF, isn’t speculating anymore, she’s quantifying the damage.

• 60% of jobs in advanced economies will be affected by AI
• 40% globally will feel the impact

And this isn’t theoretical.

AI-linked layoffs may have already started. In the U.S. alone, nearly 55,000 job cuts last year cited AI as a contributing factor, according to Challenger, Gray & Christmas.

Who loses first

IMF research shows a split outcome:
• About half of exposed workers could see productivity gains and higher value work
• The rest will see their core tasks automated leading to lower wages, slower hiring, or outright replacement

Entry-level roles are the most exposed. Clerical, administrative, and junior white-collar jobs aren’t being “augmented.” They’re being erased.

The signal is everywhere: Warnings are coming from central banks, economists, CEOs, ...

At this point, ignoring the impact of AI on jobs isn’t optimism, It’s denial.

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