Published 1 year ago

AI may affect 300 million jobs but will boost global economy and labour productivity

Summary by Ground News

Artificial intelligence (AI) could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs says. It could replace a quarter of work tasks in the US and Europe but may also mean new jobs and a productivity boom.

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Times of India

Generative AI could replace 300 million jobs: Goldman Sachs report

The report predicts that about two-thirds of jobs in the US and Europe are exposed to AI automation. A partial but significant part of the workload (25-50%) of most of these jobs can be replaced by AI, it said.

1 year ago·India

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BBC News

AI could replace equivalent of 300 million jobs

ChatGPT-style AI will have a large impact but new jobs could emerge, a Goldman Sachs report says.

1 year ago·United Kingdom

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CTV News

300 million jobs could be affected by latest wave of AI, says Goldman Sachs

As many as 300 million full-time jobs around the world could be automated in some way by the newest wave of artificial intelligence that has spawned platforms like ChatGPT, according to Goldman Sachs economists.

1 year ago·Canada

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The Independent

Generative AI could hit 300 million jobs, Goldman Sachs says

‘The good news’ is that automation has tended to be ‘offset’ by new jobs, bank says

1 year ago·London, United Kingdom

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NDTV

Goldman Sachs Predicts AI Could Replace 300 Million Jobs

With recent advancements in artificial intelligence, people are increasingly worried that powerful technology may eliminate several jobs in the future. Now, a report by Goldman Sachs predicts that as many as 300 million jobs could be affected by generative AI. The report, as per BBC, says that AI could potentially replace the equivalent of around 300 million (30 crores) full-time jobs. ''If generative AI delivers on its promised capabilities, th…

1 year ago·New Delhi, India

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