AI: World Bank, IMF warn of jobs crisis in Nigeria, others

Vanguard News | 12-10-2026 09:33am |

The International Monetary Fund (IMF) and the World Bank have warned that artificial intelligence (AI) could exacerbate the jobs crisis in Nigeria and other developing economies unless urgent action is taken. IMF Managing Director Kristalina Georgieva, speaking at an event in Bangkok, described AI as a 'slow-moving tsunami' that could affect about 40 per cent of jobs globally. The World Bank urged local solutions to create jobs and prepare workers for the changing labour market.

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