Goldman Sachs estimates AI could temporarily displace 9% of US workers

The bank's researchers tie the estimate to a 15% productivity boost and expect the disruption to fade as new jobs emerge Goldman Sachs thinks artificial intelligence could temporarily push about 9% of US workers out of their jobs. That estimate assumes AI lifts productivity by 15%. In headcount terms, Goldman Sachs Research puts it at up to 15 million people over roughly a decade. The figure is also a step up from the bank’s earlier thinking. Its previous estimate pegged displacement at 6% to 7% of the workforce. The research is led by Goldman economist Joseph Briggs.

Source: Crypto Briefing