fintech / news / / Fortune
Goldman’s breakdown shows AI substitution wiped out roughly 25,000 jobs per month in the last year.
Goldman Sachs estimates AI substitution eliminated about 25,000 US jobs per month last year.
KEY POINTS
- 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
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