Economists Say 300 Million Full-time Jobs Globally Could be at Stake Amid New Wave of AI
Goldman Sachs economists have put out a report that shows as many as 300 million full-time jobs around the world could be automated in some way using artificial intelligence (AI). It is also said that advanced economies would feel the brunt of this change instead of emerging economies.
The new wave of AI that has brought forth platforms like ChatGPT could in some way replace about 300 million full-time jobs around the world, according to a report by economists from Goldman Sachs. They stated that 18 percent of work globally could be computerized and that advanced economies would feel the effects of this more deeply compared to emerging markets. This is because white-collar workers would be at more of a risk than manual labourers.
As for jobs in the United States and Europe, the economists believe that up to a quarter of all work could be done by AI completely and two-thirds of current jobs “are exposed to some degree of AI automation.”
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