For nearly four years, the story Americans have been told about artificial intelligence has rarely strayed from one note. AI is going to take your job. AI is going to gut the white-collar middle class. AI is the reason your…
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Amid a growing wave of layoffs in the banking and finance industry, Goldman Sachs CEO David Solomon is challenging pessimistic predictions about the impact of artificial intelligence on the job market. He says fears of mass unemployment are “overblown,” even as he acknowledges that technology is already leading to job losses in some areas. In a recent interview, Solomon noted that along with job losses, new roles are also expected to be created …