Sunday, 5 July 2026 MUMBAI EDITION LIVE

Goldman Sachs economist on millions losing jobs to AI: They won’t be permanently wiped out

Goldman Sachs economist Joseph Briggs forecasts AI could displace 9% of the US workforce, around 15 million jobs, drawin

Sameer Joshi
Sameer Joshi
Senior Correspondent · Sun, 05 July 2026 at 01:45 pm
Goldman Sachs economist on millions losing jobs to AI: They won’t be permanently wiped out

Goldman Sachs economist Joseph Briggs forecasts AI could displace 9% of the US workforce, around 15 million jobs, drawing parallels to past tech disruptions. While acknowledging job losses in sectors like tech and consulting, he emphasizes history shows technology creates more new roles than it destroys. MIT's Neil Thompson suggests AI adoption will be gradual, with partial automation being more common than outright job elimination.

X Facebook Telegram
Read the original report ↗

More in all

Watch: Two 2,000-pound bison clash on Yellowstone road as tourists watch all

Watch: Two 2,000-pound bison clash on Yellowstone road as tourists watch

Yellowstone National Park witnessed a dramatic scene as two massive bull bison clashed on a road during their mating sea

By Imran Qureshi · 14 min ago

Where is Mojtaba? Iran's new Supreme Leader skips father Ali Khamenei's funeral all

Where is Mojtaba? Iran's new Supreme Leader skips father Ali Khamenei's funeral

During the state funeral prayers for his father, Ayatollah Ali Khamenei, and four family members, Iran’s new Supreme Lea

By Aarav Deshmukh · 14 min ago

BJP-led NDA's ‘simple formula’ for 2027 Uttar Pradesh polls as Nitin Nabin meets party leaders, alli all

BJP-led NDA's ‘simple formula’ for 2027 Uttar Pradesh polls as Nitin Nabin meets party leaders, alli

Emphasis on “repeating 2017” reflects the BJP's benchmark in Uttar Pradesh

By Sameer Joshi · 29 min ago

Prashant Kishor to fight election finally: Jan Suraaj names him candidate for July 30 Bankipur bypol all

Prashant Kishor to fight election finally: Jan Suraaj names him candidate for July 30 Bankipur bypol

Prashant Kishor in election fray finally: Jan Suraaj declares him as candidate for July 30 Bankipur bypoll in Bihar

By Arjun Verma · 29 min ago