Goldman Sachs’ top economist, Joseph Briggs has warned that AI adoption could displace about 9% of the US workforce which roughly accounts to 15 millions workers. According to a report by Business Insider, speaking on the bank’s Exchanges podcast, Briggs compared the disruption to the tech-driven upheaval of the late 1990s and early 2000s, noting that sectors like tech, consulting and graphic design are already witnessing 10,000 to 15,000 fewer jobs added each month due to AI tools.Read More
Goldman Sachs top economist agrees that millions of Americans will lose jobs to AI; but rejects the idea that these will be permanently wiped out; says these CEOs are ignoring that …
