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

Goldman broadens finding to nonmanufacturing industries

3 Oct 30 7:22 AM · 14d ago · 1 post · 1 source · development 3 of 4

A further Goldman Sachs note, shared on social media, reports that across nonmanufacturing industries higher AI adoption is now associated with weaker employment growth and higher unemployment.

Goldman broadens finding to nonmanufacturing industries
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“.. The labor market impact of AI appears to be broadening: across nonmanufacturing industries, higher AI adoption is now associated with weaker employment growth and higher unemployment.”

Goldman Sachs

Goldman Sachs Research firmCarl Quintanilla CNBC anchorFinancial Times News outlet

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1Goldman Sachs finds AI adoption tied to…2Seeking Alpha reports Goldman's spreading…3Goldman broadens finding to…
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