# Goldman’s breakdown shows AI substitution wiped out roughly 25,000 jobs per month in the last year.

*fintech · news · 2026-04-06 · Fortune*

## Key points

- Goldman Sachs estimates AI substitution eliminated about 25,000 US jobs per month last year.
- AI augmentation added back only about 9,000 jobs per month, according to Goldman’s new framework.
- Gen Z faces the largest unemployment and wage gap increases in AI-exposed occupations.
- Goldman’s model uses a new complementarity index to distinguish between AI substitution and augmentation risks.
- The analysis may overstate net job loss, as it excludes AI-driven infrastructure hiring and productivity effects.

**Companies:** Goldman Sachs
**Countries:** United States

[Read the full story on Fortune](https://fortune.com/2026/04/06/ai-tech-displacement-effect-gen-z-16000-jobs-per-month/)

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