ChatGPT-style AI will have a large impact but new jobs could emerge, a Goldman Sachs report says.
A report by the McKinsey Global Institute has found that artificial intelligence (AI) could replace the equivalent of 300 million jobs worldwide. The report analyzed the potential impact of automation and AI on the global workforce, finding that while the technology has the potential to increase productivity and generate economic growth, it could also lead to significant job displacement. The report recommends that governments and businesses take steps to prepare for the impact of automation and AI, including investing in education and training programs and creating new social safety nets to support workers who are displaced by the technology. The issue of automation and job displacement is a complex one, and will require careful management in the coming years.
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