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AI News from ET - AI disruption could displace 300 million jobs globally over the next decade: Goldman Sachs

Vishwadeep Khatri
in AI News & Two Lenses

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A majority of this transition will happen within the next 10 years, the investment bank said, a period during which global labour markets will be reshaped by automation and rising demand for new technical professions. Goldman’s economists estimate a modest 0.6 percentage point increase in unemployment during this time, noting that a faster wave of adoption could lead to “much larger” economic disruptions.

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