India, Jan. 25 -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that artificial intelligence will act as a "tsunami" hitting global labour markets, with young people and entry-level workers likely to be the worst affected.

Speaking at the World Economic Forum (WEF) in Davos, Georgieva said around 60 per cent of jobs in advanced economies would be impacted by AI in the coming years, either through enhancement, transformation or elimination. Globally, about 40 per cent of jobs are expected to be affected.

Her remarks come amid growing concerns over AI-driven job displacement, particularly in developing economies.

In December, United Nations economists warned that millions of jobs across Asia could be...