"Creeping Tsunami"; International Monetary Fund describes the impact of artificial intelligence on jobs

The head of the International Monetary Fund says massive investment in artificial intelligence has kept global economic growth at around three percent and brought significant benefits to Asia, but at the same time, the technology is showing ominous signs of a "gradual and creeping tsunami" that could severely disrupt labor markets, tax systems and education.

The head of the International Monetary Fund says massive investment in artificial intelligence has kept global economic growth at around three percent and brought significant benefits to Asia, but at the same time, the technology is showing ominous signs of a "gradual and creeping tsunami" that could severely disrupt labor markets, tax systems and education.