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Goldman Sachs Warns AI Could Displace One in 11 Workers, With Layoffs Likely to Hit in a Recession

Goldman Sachs economist Joseph Briggs estimates that up to 9% of workers in developed economies could be displaced by AI, but argues that the job losses will be concentrated in economic downturns rather than arriving steadily.

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Goldman Sachs economist Joseph Briggs estimates that up to 9% of workers in developed economies could be displaced by AI, but argues that the job losses will be concentrated in economic downturns rather than arriving steadily.

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