Goldman Sachs CEO Defends AI's Role Amid Job Concerns

Reported about 12 hours ago

Goldman Sachs CEO David Solomon reassures that while AI may lead to job disruptions, it will also spur economic evolution and the creation of new roles, much like past technological advancements. He acknowledges the rapid pace at which AI is being adopted, but remains optimistic that the resilient workforce will adapt. Despite some layoff statistics linked to AI, Solomon notes that most companies are adjusting rather than drastically cutting jobs, suggesting a transformation rather than a total job loss.

Source: YAHOO

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