Goldman Sachs: GEN AI - Too much spend, too little benefit ?

[TEUser2K1]

Goldman Sachs: GEN AI - Too much spend, too little benefit ? (25 June, 2024)

Wayback Machine

Goldman Sachs Predicts 300 Million Jobs Will Be Lost Or Degraded By Artificial Intelligence (31st March, 2023):

Goldman Sachs Predicts 300 Million Jobs Will Be Lost Or Degraded By Artificial Intelligence

Goldman Sachs maintains that if generative AI lives up to its hype, the workforce in the United States and Europe will be upended. The bank estimates 300 million jobs could be lost or diminished due to this fast-growing technology.

www.forbes.com

Hint, from r/technology

Wondering what does this imply...

 

[Kaching999]

The hype around AI is crazy but the reality is that for general use it is nowhere even close to what the hypemen claim, this might happen in the future but people are good for at least the next 15 years before this becomes a reality. Even then the number seems a bit exaggerated as many modifications as to how those jobs are handled would have already happened.

 

[altair21]

its gonna be the same as what happened when excel came out and all accountants screamed bloody murder about how its gonna take their jobs way