Goldman Sachs uncovers troubling pattern behind AI and tech job losses

A new study finds workers displaced by AI and other technologies take longer to find new jobs and experience persistent wage losses lasting years. The findings imply structural labor-market scarring that could weigh on household income growth and consumer demand over time, but the study itself is unlikely to produce immediate market-moving effects.

Analysis

A new study finds workers displaced by AI and other technologies take longer to find new jobs and experience persistent wage losses lasting years. The findings imply structural labor-market scarring that could weigh on household income growth and consumer demand over time, but the study itself is unlikely to produce immediate market-moving effects.