AI Adoption Hits 15-20%: Goldman Sachs Warns of Hiring Headwinds
The adoption of artificial intelligence (AI) by major developed economies has reached levels of 15-20%, according to a report by Goldman Sachs Research. The top four countries leading this trend are France, the US, the Netherlands, and the UK.
The report found that industries with greater exposure to automation witnessed a slowdown in job openings starting from the second half of 2022. This was most pronounced in Germany, Australia, and the US.
Employment growth slowed notably across information and communication services, call centres, software publishing, and advertising. In the US, headcount across information and communication services dropped below its long-run trend, while remaining near or above historical trends across other developed economies.