Companies Announce AI-Linked Job Reductions as Investors Eye Labor Impact
Goldman Sachs economists warned in February that faster adoption of artificial intelligence could lift U.S. unemployment this year. They estimated AI was linked to 5,000-10,000 net job losses per month last year in the most exposed U.S. industries and said AI accounted for 7% of planned layoffs in January. Since October, a range of global firms hav…