300 million people are likely to lose their jobs because of AI!
300 million people in the world will lose their jobs due to the rise of artificial intelligence (AI). Recently, the top American investment firm Goldman Sachs has made such a claim in a research report.
According to the report, two-thirds of the job market in the United States and Europe will disappear in the future, and will be replaced by artificial intelligence.
In many occupations currently underway in the United States, artificial intelligence will replace partial jobs. This new technology will work about 20 to 50 percent.
Not only fear, but also - there are words of hope about artificial intelligence. While AI will impact the labor market, it could boost global GDP by as much as 7 percent, the report notes. Artificial intelligence technology like ChatGPT has also been mentioned in this context.
According to the Goldman Sachs report, generative artificial intelligence like ChatGPT can do the same work in a very short time as people do computer work, write books or draw pictures. As a result, productivity is likely to increase in the future.
