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The IMF just issued a warning that
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should wake up every office worker in
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the city. They're calling the rise of AI
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a tsunami hitting the global labor
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market, and the first wave is already
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crashing into Big Tech. Kristalina
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Georgieva, head of the IMF, says 60% of
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jobs in advanced economies like the UK
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and the US will be impacted. We aren't
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just talking about factory robots
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anymore. We're talking about roles being
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enhanced, eliminated, or transformed in
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real time. Take a look at Amazon.
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They're reportedly preparing a massive
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second wave of corporate job cuts,
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potentially bringing their total layoffs
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to 30,000 roles. While they're calling
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it streamlining culture, it's no
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coincidence they just committed a
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hundred billion dollars to AI
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infrastructure. They are swapping legacy
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corporate roles for machine learning
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power. The data shows entry-level and
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younger roles are at the highest risk.
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But here's the kicker. Investors are now
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penalizing companies that don't have a
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plan to upskill their staff. The year of
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efficiency isn't over. It's just getting
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started. Is your role AI-proof, or are
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you already using these tools to stay
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ahead? Let's talk in the comments. Hit
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follow for your daily city update.