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Goldman Sachs research estimates that in the past year, artificial intelligence has reduced the increase in non-farm payrolls in the US by about 16,000 per month, while boosting the unemployment rate by about 0.1 percentage points. This figure is a net estimate: the replacement effect of artificial intelligence reduces about 25,000 jobs every month, while the job gain effect brought about by artificial intelligence offsets the loss of about 9,000 jobs by boosting labor demand. The impact on young people and entry-level workers was particularly prominent, focusing on data entry, customer service, account settlement, and administrative support positions. Goldman Sachs suggests that the scope of impact is still relatively limited; artificial intelligence will also create jobs by improving production efficiency and large-scale construction of data centers and supporting infrastructure.

Zhitongcaijing·08/19/2026 12:57:06
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Goldman Sachs research estimates that in the past year, artificial intelligence reduced the increase in non-farm payrolls in the US by about 16,000 per month, while boosting the unemployment rate by about 0.1 percentage points. This figure is a net estimate: the replacement effect of artificial intelligence reduces about 25,000 jobs every month, while the job gain effect brought about by artificial intelligence offsets the loss of about 9,000 jobs by boosting labor demand. The impact on young people and entry-level workers was particularly prominent, focusing on data entry, customer service, account settlement, and administrative support positions. Goldman Sachs suggests that the scope of impact is still relatively limited; artificial intelligence will also create jobs by improving production efficiency and large-scale construction of data centers and supporting infrastructure.