Goldman Sachs warns of 'jobless growth' in the US as AI fuels output but not jobs
Cătălin Roșioru
The US economy is strong, but America may be entering an era of "jobless growth" because of artificial intelligence, Goldman Sachs wrote in a Monday note. "The modest job growth alongside robust GDP growth seen recently is likely to be normal to some degree in the years ahead," analysts at Goldman Sachs wrote. They added that this trend is likely to continue, with most potential growth coming from AI-driven productivity. Meanwhile, population and lower immigration would contribute only modestly
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