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Goldman Sachs warns AI layoffs may lead to long-term worker displacement

Goldman Sachs warns AI layoffs may lead to long-term worker displacement

Photo: Crypto Briefing

Workers pushed out by AI are taking longer to land new jobs, and history suggests the damage to their earnings could linger for years The usual fear about artificial intelligence is a sudden wave of pink slips. Goldman Sachs is pointing to a quieter, slower problem. Workers who lose their jobs to AI appear to be struggling to find new ones. According to the bank’s analysis, the result may be years of lost earnings, even if the national unemployment rate never budges much.

Source: Crypto Briefing

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