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International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that artificial intelligence (AI) could impact around 40 percent of jobs worldwide. In an interview, she described the coming transformation as a “tsunami” for the labor market, with advanced economies potentially seeing up to 60 percent of jobs affected and India about 26 percent. Entry-level positions are expected to face the highest risk as many routine tasks become automated, raising concerns among new graduates. Georgieva noted that global policy frameworks remain behind in addressing these rapid changes.

She added that if used effectively, AI could contribute an additional 0.7 percent to India’s annual GDP, helping the country achieve long-term development goals. Georgieva emphasized the need for education reform to foster adaptability and lifelong learning alongside technical skills.

In Bangladesh, where many young workers depend on freelancing, IT, and the garment sector, AI’s impact is expected to be multifaceted. Experts warn that demand for basic coding, graphic design, and data entry work may decline unless workers quickly upskill. However, AI could also bring opportunities, such as improving agricultural productivity through precision farming.

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