Imf articles

IMF proposes tax on AI carbon emissions to counter job loss, income inequality

International Monetary Fund warns AI "tsunami" could impact 6 out of 10 jobs in advanced economies

A hot potato: We're used to hearing warnings from industry experts about how AI will affect the jobs market, but the latest prediction carries extra weight as it comes from the head of the IMF. Dr. Kristalina Georgieva says AI is hitting the global labor market "like a tsunami," likely to impact 6 out of every 10 jobs in advanced economies.

IMF predicts AI will impact 40% of jobs worldwide, exacerbating inequality and social tensions

Beyond Bitcoin: IMF champions central bank digital currencies

The big picture: Not long ago, Bitcoin and other cryptocurrencies were supposed to be the future of money and blockchain technology was poised to revolutionize everything. But now, nobody seems to remember the blockchain revolution anymore – a solution still in search of a problem – and Bitcoin remains a niche market for financial speculators.