Goldman Sachs analysts warn 25% of all work hours could be automated by AI: ‘We expect that the AI transition will lead to…’

Goldman Sachs analysts have predicted that AI could automate a quarter of all work hours. This will lead to significant job displacement but will stop short of a complete employment crisis. According to a Fortune report, Goldman Sachs analysts Joseph Briggs and Sarah Dong cited Department of Labour job numbers to claim that AI could automate 25% of all work hours. The analysts estimated, “We expect that the AI transition will lead to a meaningful amount of labour displacement.”

However, the analysts say AI won’t eliminate jobs evenly across all industries.