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IMF Managing Director Kristalina Georgieva also says artificial intelligence (AI) is expected to boost global growth by 0.8%.
IMF Managing Director Kristalina said a research by the International Monetary Fund (IMF) suggests that AI has the potential to significantly accelerate global growth. (File Photo)
IMF Managing Director Kristalina Georgieva said artificial intelligence (AI) is expected to boost global growth by 0.8%, but warned of significant risks, including a potential “tsunami” in the job market. She added that 40 per cent of jobs will be affected by AI.
She also said India’s goal of becoming a Viksit Bharat or a developed nation is achievable.
Speaking at a panel discussion at the AI Impact Summit here, Georgieva said a research by the International Monetary Fund (IMF) suggests that AI has the potential to significantly accelerate global growth.
“We did some research and here is the answer. Based on what we know, AI can lift up global growth by almost a percentage point. We say 0.8 per cent… It would mean that the world would grow faster than it did before the COVID pandemic,” she said, as reported by Press Trust of India.
Faster economic growth is “fantastic” because it creates more opportunities and jobs, she said, expressing optimism about India’s long-term outlook. “This is the magnitude that we see for India, and it would mean that India’s Viksit Bharat is achievable,” Georgieva noted, referring to the country’s ambition of becoming a developed nation by 2047 and building a $30 trillion economy.
At the same time, the IMF Managing Director warned that artificial intelligence presents serious risks to employment worldwide. “We calculated this risk is very high. We actually see the impact of AI…like a tsunami. Globally, 40 per cent of jobs will be affected by AI…In emerging markets, 40 per cent, but in advanced economies, 60 per cent,” she said.
Meanwhile, on February 17, Infosys Chairman Nandan Nilekani also said writing code will not be the goal going forward amid the ongoing artificial intelligence (AI) revolution, but the job roles will shift from coding to making AI systems work and orchestrating them. He added that the technology could create as many as 170 million new high-growth jobs globally.
Speaking at the Infosys Investor AI Day 2026, Nilekani said, “This (AI revolution) is a much more fundamental change to the way businesses will operate. This is not a layer of technology. When smartphones came, we could build applications from PC to phones by changing the front end of the application. When cloud came, we could do a lift and shift — you could take the app from on-prem mode to the cloud. But this time, it is not like that. It’s a fundamental change in the way we do things. We cannot run business the old way.”
Meanwhile, Puneet Chandok, President of Microsoft India and South Asia, has also said artificial intelligence will fundamentally reshape the nature of work by breaking jobs into smaller task components rather than destroying employment. He was speaking at the Confederation of Indian Industry’s (CII) Democratizing AI Resources for Economic Growth and Social Good event, the inaugural session of the India AI Impact Summit 2026.
Chandok said AI’s real impact will be structural transformation, not displacement.
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February 20, 2026, 15:32 IST
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