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IMF Managing Director Kristalina Georgieva additionally says synthetic intelligence (AI) is predicted to spice up international development by 0.8%.
IMF Managing Director Kristalina stated a analysis by the Worldwide Financial Fund (IMF) means that AI has the potential to considerably speed up international development. (File Photograph)
IMF Managing Director Kristalina Georgieva stated synthetic intelligence (AI) is predicted to spice up international development by 0.8%, however warned of serious dangers, together with a possible “tsunami” within the job market. She added that 40 per cent of jobs can be affected by AI.
She additionally stated India’s objective of changing into a Viksit Bharat or a developed nation is achievable.
Talking at a panel dialogue on the AI Affect Summit right here, Georgieva stated a analysis by the Worldwide Financial Fund (IMF) means that AI has the potential to considerably speed up international development.
“We did some analysis and right here is the reply. Based mostly on what we all know, AI can raise up international development by nearly a share level. We are saying 0.8 per cent… It might imply that the world would develop quicker than it did earlier than the COVID pandemic,” she stated, as reported by Press Belief of India.
Quicker financial development is “implausible” as a result of it creates extra alternatives and jobs, she stated, expressing optimism about India’s long-term outlook. “That is the magnitude that we see for India, and it could imply that India’s Viksit Bharat is achievable,” Georgieva famous, referring to the nation’s ambition of changing into a developed nation by 2047 and constructing a $30 trillion economic system.
On the identical time, the IMF Managing Director warned that synthetic intelligence presents severe dangers to employment worldwide. “We calculated this threat may be very excessive. We really see the impression of AI…like a tsunami. Globally, 40 per cent of jobs can be affected by AI…In rising markets, 40 per cent, however in superior economies, 60 per cent,” she stated.
In the meantime, on February 17, Infosys Chairman Nandan Nilekani additionally stated writing code is not going to be the objective going ahead amid the continuing synthetic intelligence (AI) revolution, however the job roles will shift from coding to creating AI techniques work and orchestrating them. He added that the expertise may create as many as 170 million new high-growth jobs globally.
Talking on the Infosys Investor AI Day 2026, Nilekani stated, “This (AI revolution) is a way more elementary change to the best way companies will function. This isn’t a layer of expertise. When smartphones got here, we may construct purposes from PC to telephones by altering the entrance finish of the applying. When cloud got here, we may do a raise and shift — you possibly can take the app from on-prem mode to the cloud. However this time, it’s not like that. It’s a elementary change in the best way we do issues. We can not run enterprise the outdated method.”
In the meantime, Puneet Chandok, President of Microsoft India and South Asia, has additionally stated synthetic intelligence will basically reshape the character of labor by breaking jobs into smaller activity elements fairly than destroying employment. He was talking on the Confederation of Indian Trade’s (CII) Democratizing AI Assets for Financial Development and Social Good occasion, the inaugural session of the India AI Affect Summit 2026.
Chandok stated AI’s actual impression can be structural transformation, not displacement.
February 20, 2026, 15:32 IST
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