Technology News UK reported on March 30 that up to 300 million full-time employees worldwide may be impacted by artificial intelligence, citing Goldman Sachs. According to reports, the new wave of AI that gave rise to ChatGPT platforms may result in some jobs being automated. According to their analysis, Goldman Sachs economists anticipated that 18% of jobs might be computerised internationally. The investment bank’s economists predict that the impacts will be more severe in mature economies than in emerging ones and that white-collar workers will be more vulnerable than manual labourers.
Based on the report, lawyers and administrative professionals are the most impacted professions. Construction and repair work are two physically demanding outdoor occupations that are predicted to be less impacted. The research did point out that historically, technological innovation that initially eliminates jobs has also led to long-term employment growth.
Goldman Sachs is the 57th largest company in the Fortune 500 list of the largest American corporations by total revenue and the world’s second-largest investment bank by revenue. The Financial Stability Board considers The Goldman Sachs Group, Inc. U.S. to be a systemically important financial institution.
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