Layoffs To Hit 300 Million Employees? ChatGPT-Like AI Platforms To Replace 30 Crore Jobs Worldwide, Says Goldman Sachs Report

The report predicted that approximately 18% of global work could be automated, with advanced economies expected to experience a greater impact compared to emerging markets.

Artificial Intelligence (Photo Credits: Pixabay)

While the layoffs threat looms over employees worldwide, the latest report by Goldman Sachs has raised worry. The American firm has said as many as 300 million full-time jobs around the world could be automated in some way by the newest wave of artificial intelligence that has spawned platforms like ChatGPT. The report predicted that approximately 18% of global work could be automated, with advanced economies expected to experience a greater impact compared to emerging markets. AI Responsible for Layoffs? About 4,000 Employees in US Lost Their Jobs in May 2023 Due to Artificial Intelligence, Says Report.

Layoffs To Hit 300 Million Employees? 

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