Goldman Sachs Research Shows AI Impact on Labor Markets

According to Goldman Sachs, artificial intelligence is beginning to affect labor markets across major developed economies, with varying impacts by industry and seniority level. The report highlights that industries such as call centers, software publishing, management consulting, and advertising have seen significant employment declines below historical trends since 2022. Entry-level workers are particularly affected, experiencing stronger AI-related hiring pressures compared to other groups. Goldman Sachs found a clear link between higher occupational exposure to AI and reduced annual headcount growth for entry-level roles in countries like Australia and the U.S. Despite these challenges, overall employment impacts remain limited to specific sectors.

By Jenny Lee · CNBC ·

Goldman Sachs Research Shows AI Impact on Labor Markets

Tickers: $GS

Topics: Advertising Services Artificial Intelligence Call Centers Consulting Industry Employment Trends

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