AI adoption slows white-collar hiring in developed economies: Goldman Sachs

Goldman Sachs research indicates that artificial intelligence adoption is dampening hiring in white-collar sectors across developed economies. Industries with readily available automation tools are facing mounting pressure on employment, signalling a broader slowdown in job creation among skilled professionals.

The trend reflects growing corporate adoption of AI systems to streamline operations and reduce labour costs in roles previously considered immune to automation. Major developed economies are experiencing the most acute pressure as companies accelerate technology deployment.