On October 12, IMF President Kristalina Georgieva warned that AI is having disruptive effects on the labor market and tax systems, and policymakers need to rethink the education system and take immediate action to help society adapt to these changes. Georgieva stated during her debut at the IMF and World Bank Annual Meetings in Bangkok on Monday, "This is a slowly moving tsunami, but it is still a tsunami." In a session discussing the impact of AI on employment, she noted that AI has weakened demand for certain human workers by replacing a large number of repetitive, procedural jobs; at the same time, it is driving an increase in low-wage positions in industries such as construction, which she believes is "not something to celebrate." Georgieva indicated that this transformation will have profound implications for public finances, with the risk that AI may shift the economy from labor to capital, thereby undermining government tax revenues, as labor income has traditionally been a significant basis for taxation.