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Goldman Sachs warns AI could wipe out 70% of jobs

Shortpedia

Content Team
Image Credit: cnbctv18

We are officially in the age of artificial intelligence (AI). The revolution started by ChatGPT is spreading like wildfire and is rapidly engulfing different fields. While stunned by AI's capabilities, we cannot overlook how it would affect the labor market. Per Goldman Sachs, at least two-thirds of jobs in the US and European Union are under threat from AI automation.