Goldman Sachs Finds Job Growth in Some Fields Slowed by 39% Due to AI

AI is beginning to weigh on labor markets across major developed economies, with the effects varying by industry and seniority level, according to new research from Goldman Sachs.

CNBC reports that the Wall Street investment bank found that industries with greater exposure to AI automation have generally seen slower job openings growth since the second half of 2022. That relationship is particularly pronounced in Germany, Australia and the United States, Goldman said in a report published this week.

Employment in information and communication services, among the industries most exposed to AI, has slowed across nearly all major developed…

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