Frank Chaparro
Frank Chaparro|Mar 14, 2025 18:58
Goldman Sachs: “We expect generative AI to eventually raise US labor productivity by 15% following its full adoption. We are seeing early signs of an AI impact on labor markets. Payrolls growth in highly AI-exposed industries (e.g., computer programming and customer service call centers) has underperformed recently, and job openings have declined more in job categories more exposed to AI. But we find no economically or statistically significant relationship between AI exposure and job growth, unemployment, wages, and most other indicators on an economy-wide basis, and AI exposure was not correlated with industry-level productivity increases last year.”
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