AI systems like ChatGPT could impact 300 million full-time jobs worldwide, with administrative and legal roles some of the most at risk, Goldman Sachs report says
from researchers at Princeton University, the University of Pennsylvania, and New York University, also estimated legal services as the industry most likely to be affected by technology like ChatGPT.
Manav Raj, one of the authors of the study, and an Assistant Professor of Management at the Wharton School of the University of Pennsylvania, told Insider this was because the legal services industry was made up of a relatively small number of occupations that were already highly exposed to AI automation.
Goldman's report suggested that if generative AI is widely implemented, it could lead to significant labor cost savings and new job creation. The current hype around AI has already given rise to new roles, includingThe new tech could also boost global labor productivity, with Goldman estimating that AI could even eventually increase annual global GDP by 7%.Subscribe to push notifications
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