- A new analysis from Goldman Sachs found that AI hasn’t yet had any discernable impact on major labor market indicators such as the unemployment rate, layoffs, or productivity measures. Goldman expects the labor market to be one of the first indicators of AI’s effect on the economy because unemployment data is regularly tracked, and the technology’s ability to automate tasks should increase productivity.
Anyone waiting with bated breath for the rise of AI to roil the labor market will have to sit tight a little longer.
