AI may automate up to 300 million jobs around the world: Goldman Sachs

Artificial intelligence could automate as many as 300 million full-time jobs around the world, according to a report by CNN. It quotes a report by Goldman Sachs’ (GS) economists. The report said platforms like ChatGPT are based on artificial intelligence (AI) and may play a significant role in such a transition.

In a report published on March 26, GS economists predicted that 18 per cent of work globally could be computerised. The effects of this automation would be felt most in advanced economies.

The GS report added that white-collar workers appear to be more at risk than manual labourers. Elaborating on the professions most likely to be affected, GS experts have predicted that administrative workers and lawyers are expected to have the greatest impact.