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Goldman Sachs: AI's labor-market drag is spreading beyond tech

Goldman Sachs finds AI adoption tied to weaker employment growth

1 Oct 26 7:43 AM · 19d ago · 1 post · 1 source · development 1 of 4

Goldman Sachs research, quoted on social media, reports clearer signs that AI's labor-market impact is spreading beyond the tech sector, with a statistically significant negative correlation between firm-level AI adoption and employment growth.

Goldman Sachs finds AI adoption tied to weaker employment growth
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“.. we are starting to see clearer signs that the AI impact is spreading beyond the technology sector. .. the share of US firms that have adopted AI in regular business functions now shows a statistically significant negative correlation with employment growth ..”

Goldman Sachs

Goldman Sachs Research firmCarl Quintanilla CNBC anchorFinancial Times News outlet

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