Business · Economy · 10 hrs ago

IMF meeting warns AI could threaten jobs for young workers in Asia

IMF meeting warns AI could threaten jobs for young workers in Asia

Delegates at the IMF–World Bank annual meetings in Bangkok warned that artificial intelligence could put young workers in Asia at risk of losing job opportunities.

They said a surge in AI investment may be helping support the global economy.

The meetings opened amid high energy prices, persistent inflation and rising debt.

Oil prices have hovered around US$100 a barrel since the partial closure of the Strait of Hormuz.

The higher costs have led governments to use reserves or borrow to help shield consumers.

Delegates said action is needed quickly to help young people find a place in the future workforce.

The week-long meetings are taking place in Bangkok.

Sources

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