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23.01.26 - 16:24
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Young will suffer most when AI ′tsunami′ hits jobs, says head of IMF (The Guardian)
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Kristalina Georgieva says research suggests 60% of jobs in advanced economies will be affected, with many entry-level roles wiped outArtificial intelligence will be a “tsunami hitting the labour market”, with young people worst affected, the head of the International Monetary Fund warned the World Economic Forum on Friday.Kristalina Georgieva told delegates in Davos that the IMF's own research suggested there would be a big transformation of demand for skills, as the technology becomes increasingly widespread. Continue reading......
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21.01.26 - 15:36
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The IMF′s banal language is sane-washing an economic crisis created by the egomaniacal Donald Trump (The Guardian)
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Their latest report makes no mention of Greenland, Venezuela, or even Trump. This is just a pretence that normality continues This week the IMF released an update to its World Economic Outlook, titled “Global Economy: Steady amid Divergent Forces” and, seriously, in what fricking world are they living? It was yet another example of international groups, governments and parts of the media sane-washing the utter crisis we all exist in because Donald Trump is an egomaniacal bully with the impulses of a spoiled toddler.How's this for timing: on Sunday Donald Trump announced from 1 February he will levy a 10% tariff “on any and all goods sent to the United States” from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland, and will increase it to 25% from 1 June unless they let the US gain control of Greenland. Continue reading......
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