300 million jobs could be affected by latest wave of AI, says Goldman Sachs | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Goldman Sachs economists predict that 18% of work globally could be computerized, with the effects felt more deeply in advanced economies than emerging markets

They predicted in a report Sunday that 18% of work globally could be computerized, with the effects felt more deeply in advanced economies than emerging markets. That’s partly because white-collar workers are seen to be more at risk than manual laborers. Administrative workers and lawyers are expected to be most affected, the economists said, compared to the “little effect” seen on physically demanding or outdoor occupations, such as construction and repair work.

Further use of such AI will likely lead to job losses, the Goldman Sachs economists wrote. But they noted that technological innovation that initially displaces workers has historically also created employment growth over the long haul. While workplaces may shift, widespread adoption of AI could ultimately increase labor productivity — and boost global GDP by 7% annually over a 10-year period, according to Goldman Sachs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 326. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And do you think these AI models would work with primitive banking apps that are closed during night and weekend? Or do you think they like programmable currencies with smart contracts available 7/7 - 24/24 with a transaction speed of 4s? Algorand

나라에서 연금 ㅡ회사원.공무원 ㅡ나라에서 10만원 지원해 주어서 10만원 더 주시면

Time to know who is doing it to us. Globalist HQ CFR_org State 's Harold Pratt House 58E 68th St NY&1777 F St,NW Wash, DC Experts say she will end humanity. Here's the fix, with elonmusk, ChatGPT, AI robots.

Who_Is_AadiRam Must know about the Supreme Ram on Ram Navami! Must read sacred book 'Gyan Ganga' and visit our website: Kabir Is God

The truth is we don't need most of this jobs. They should be eliminated long time ago but since it is unlimited printing mode then everyone pretends to go to 'work' and put papers from left to right.

Just don't trust its 'facts'. It can't tell propaganda and facts apart and will tell you either at random.

Check out my Gig on Fiverr: I will make unique line art coloring book page for kids and adults

Singapore Singapore Latest News, Singapore Singapore Headlines