”Despite concerns about widespread job losses, AI adoption is expected to have only a modest and relatively temporary impact on employment levels. Goldman Sachs Research estimates that unemployment will increase by half a percentage point during the AI transition period as displaced workers seek new positions. If current AI use cases were expanded across the economy and reduced employment proportionally to efficiency gains, an estimated 2.5% of US employment would be at risk of related job loss. Occupations with higher risk of being displaced by AI include computer programmers, accountants and auditors, legal and administrative assistants, and customer service representatives. Innovation related to artificial intelligence (AI) could displace 6-7% of the US workforce if AI is widely adopted. But the impact is likely to be transitory as new job opportunities created by the technology ultimately put people to work in other capacities, according to Goldman Sachs Research.”
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Morten W. Langer
