The threat of AI looms in technological works. Although most companies have not yet deployed artificial intelligence solutions in their services and production units, Joseph Briggs, world economist in the Goldman Sachs research division, already observes a slowdown in hiring in the technological world.
“If we examine work trends in the technological sector, we see that it has experienced significantly linear growth in terms of total employment in the last 20 years,” he said in an episode of shared podcast in a view before CNBC.
Since its launch in November 2022, Chatgpt d’Amnai has contributed to the development of the most valued company in the world, Nvidia, and has forced entire sectors to face its implications. Generative models can quickly be administered many routine tasks, and some experts claim that they are already equal to human software engineers, for example.
Young workers are the first victims
This has aroused concern about the fact that, if automation makes companies more productive and enriched, a large part of the labor market could be assigned in the coming years.
In the world of technology, leaders have been frankly shown the impact of AI on employees. Companies such as Alphabet and Microsoft said that the AI produced around 30% of the code in certain projects, and the Salesforce CEO, Marc Benioff, said in June that AI treated up to 50% of the work in its business.
Among the first victims, according to Joseph Briggs, are young workers, whose jobs are the easiest to automate and, therefore, replace with an AI. Consequence: the unemployment rate among technological workers, especially among young people aged 20-30, “3 percentage points has increased since the beginning of the year,” he said.
Replacement of the workforce
The CEO approach in the technological sector consisted of suspending the recruitment of young employees while they begin to deploy AI, according to George Lee, a former banker specialized in technologies and co -director of the Goldman Goldman Sachs Institute.
According to Joseph Briggs, in a basic scenario, 6 to 7% of workers could lose their work over time, under the effect of automation of their professions linked to AI.
The transition could be more painful, both for workers and the US economy, if the adoption by companies is faster than the period of approximately ten years it provides, said the economist.
This could be due to technological progress or an economic slowdown that encourages companies to reduce their costs, he said.
If IA researchers manage to develop a general artificial intelligence (AG), that is, an intelligence capable of learning and adapting to different fields, instead of limited intelligence, the impact on workers would be deeper, according to Goldman’s economist.
Source: BFM TV
