Goldman Sachs says generative A.I. could impact 300 million jobs — here’s which ones
Goldman Sachs reports that generative A.I. could affect up to 300 million jobs globally, particularly those involving repetitive tasks and data processing such as administrative support, legal, and finance roles, while jobs requiring physical labor or in-person interaction are less vulnerable, and emphasizes that the technology may also create new opportunities and boost productivity depending on adaptation speed.
Goldman Sachs has released a report stating that generative artificial intelligence (A.I.) could impact up to 300 million jobs worldwide. The report highlights that the rapid advancement of generative A.I. technologies, such as those capable of creating text, images, and code, could lead to significant changes in the labor market.
According to the report, jobs that involve repetitive tasks or data processing are most at risk of being automated by generative A.I. This includes roles in administrative support, legal work, and some aspects of finance. However, the report also notes that jobs requiring physical labor, manual dexterity, or in-person interaction are less likely to be affected in the near term.
Goldman Sachs suggests that while some jobs may be displaced, generative A.I. could also create new opportunities and increase productivity in various sectors. The overall impact on employment will depend on how quickly businesses and workers adapt to the changing technological landscape.