Goldman Sachs Just Put a Number on the AI Job Squeeze, and It Lands on People Who Haven't Started Working Yet
About This Episode
Goldman Sachs published research on August 19 finding that AI-related hiring headwinds are now visible in official employment data across developed economies. Call center employment sits 39% below trend in the US, and across more than 800 occupations the drag is concentrated on entry-level workers rather than the workforce as a whole.
Our Take
Goldman Sachs found the AI job losses everyone has been arguing about, and they are not spread across the workforce — they are concentrated on the entry-level rungs that used to be how people got in at all.
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