Goldman Sachs Forecasts AI Could Displace Up to 9% of U.S. Workers

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Goldman Sachs research, led by economist Joseph Briggs, estimates that artificial intelligence could displace up to 9% of U.S. workers—about 15 million people—over a decade. The analysis highlights potential job losses and slower hiring due to AI-driven productivity gains, with impacts likely intensifying during economic downturns.[AI generated]

Why's our monitor labelling this an incident or hazard?

The article does not describe a specific AI system causing direct or indirect harm, nor does it report an actual incident or malfunction. Instead, it presents a forecast and analysis of potential future labor market disruptions due to AI, which constitutes a plausible risk but not a realized harm. Therefore, this qualifies as an AI Hazard because it highlights a credible potential for AI to cause significant labor displacement and associated harms in the future, but no actual harm has yet occurred as per the article.[AI generated]
AI principles
Human wellbeing
Industries
Financial and insurance services
Affected stakeholders
Workers
Harm types
Economic/Property
Business function:
Research and development
AI system task:
Forecasting/prediction

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