
The Replacements Are Here
Goldman Sachs has predicted that AI could lead to some 300 million layoffs among highly paid, non-menial workers in the U.S. and Europe. As Goldman Sachs chief economist Jan Hatzius put it, “using data on occupational tasks in both the U.S. and Europe, we find that roughly two-thirds of current jobs are exposed to some degree of AI automation, and that generative AI could substitute up to one-fourth of current work.
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