AI's Impact on Jobs: Studies and Statistics

Several studies, like the one from Goldman Sachs, suggest that AI could replace a significant number of jobs worldwide. The Goldman Sachs report estimated that AI could automate a quarter of work tasks in the US and Europe, leading to potential job loss but also a productivity boom. The report highlighted that white-collar jobs, particularly in the administrative and legal sectors, could be heavily automated, resulting in lower wages for knowledge workers. Other studies reflect mixed findings, with some reporting minimal disruption so far and others indicating that AI has already replaced workers in certain industries.