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Stockreport

AI is like a 'tsunami' hitting the labor force, IMF chief says [FOX Business Network]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: FOX Business Network
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The emergence of artificial intelligence (AI) is hitting the global labor force "like a tsunami" according to International Monetary Fund Managing Director Kristalina Georgieva. AI is likely to impact 60% of jobs in advanced economies and 40% of jobs around the world, Georgieva said in remarks Monday at an event in Zurich that was organized by the Swiss Institute of International Studies. "We have very little time to get people ready for it, businesses ready for it," Georgieva said. "It could bring tremendous increase in productivity if we manage it well, but it can also lead to more misinformation and, of course, more inequality in our society." She explained that the world economy has become more prone to shocks in recent years, such as the COVID pandemic and Russia's war against Ukraine. Although Georgieva said she expects more shocks to occur, she indicated the global economy has remained resilient against recession. Georgieva's remarks about the impact of AI on the globa [Read more]
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Stockreport

AI is like a 'tsunami' hitting the labor force, IMF chief says [FOX Business Network]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: FOX Business Network
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The emergence of artificial intelligence (AI) is hitting the global labor force "like a tsunami" according to International Monetary Fund Managing Director Kristalina Georgieva. AI is likely to impact 60% of jobs in advanced economies and 40% of jobs around the world, Georgieva said in remarks Monday at an event in Zurich that was organized by the Swiss Institute of International Studies. "We have very little time to get people ready for it, businesses ready for it," Georgieva said. "It could bring tremendous increase in productivity if we manage it well, but it can also lead to more misinformation and, of course, more inequality in our society." She explained that the world economy has become more prone to shocks in recent years, such as the COVID pandemic and Russia's war against Ukraine. Although Georgieva said she expects more shocks to occur, she indicated the global economy has remained resilient against recession. Georgieva's remarks about the impact of AI on the globa [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS