In a new analysis of the future of work, Goldman Sachs has stated that generative AI could automate up to 300 million full-time jobs worldwide over the next decade, potentially affecting around 6% to 7% of the global workforce.
The report highlights that in the US, nearly two-thirds of jobs include at least 25% of tasks that could be handled by AI. This indicates a broad impact across industries, with many roles expected to change significantly.
Certain job categories are more exposed than others. Roles in administrative work, legal services, architecture, engineering, business, and finance are considered especially vulnerable. In the US, professions such as computer programmers, accountants, legal assistants, customer service representatives, and telemarketers are among those most at risk.
Despite these concerns, the report also points to strong economic potential. Generative AI could increase global GDP by 7%, which is approximately $7 trillion, by improving productivity and efficiency across sectors.
The transition may lead to short-term disruption, including a possible rise in unemployment as workers adjust to new technologies. However, the report notes that past technological shifts have often created new job opportunities, even as older roles declined.
Overall, the findings reflect a dual impact of AI, bringing both challenges and opportunities as it reshapes the global workforce.
Also read: Viksit Workforce for a Viksit Bharat
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