Bangkok IMF forum warns AI boom could cost young people jobs and billions in tax revenue
Source: Pattaya Mail
Published on: 2026-10-14 21:12
BANGKOK, Thailand - Artificial intelligence investment is helping keep global economic growth at 3% in 2026, but the technology could affect around 40% of jobs worldwide, with young people and new graduates facing particular risks, International Monetary Fund Managing Director Kristalina Georgieva warned at the IMF-World Bank Group Annual Meetings in Bangkok. The meetings, running until October 18, have brought global financial leaders to the Thai capital to assess an increasingly uncertain economic outlook, with conflict in the Middle East pushing up energy prices and weighing on growth. Georgieva said massive investment in AI was helping offset some of the pressure on the world economy. The IMF projects global growth of 3% in 2026, down from 3.5% in 2025. AI-related investment has reached a scale comparable to major infrastructure transformations of the past. Hardware associated wit...
(Please login to view full article)Third-Party Content Disclaimer
Content displayed on this platform may include news articles, reports, and other materials aggregated from publicly available third-party sources through automated tools. Such content is not created, written, commissioned, or edited by Straits Interactive Pte Ltd or the Data Protection Excellence (DPEX) Network.
While we take reasonable steps to ensure responsible publication, we do not independently verify all third-party information and make no representations as to its accuracy, completeness, or reliability.
The views, findings, and statements expressed in third-party content belong solely to the original source and do not reflect the views of Straits Interactive Pte Ltd or the DPEX Network.
If you believe any content is inaccurate, infringing, or should be removed, please contact us at legal@straitsinteractive.com. We will review the matter and, where appropriate, take action in accordance with our internal policies.
Unlock these benefits
Get access to news, enforcement cases, events, and actionable tips and guides
Get regular email updates and offers
Job opportunities, mentorship and career guidance
Exclusive access to Data Protection community - ask questions, network and share knowledge with peers and experts via WhatsApp and Linkedin
DPEX Network is a Community Initiative of Straits Interactive.
Copyright © Straits Interactive Pte Ltd. All Rights Reserved.
All intellectual property rights to logos and brands featured on this website remain the property of their respective owners.