Business & Economy · 3 views
Goldman says AI layoffs are starting to leave a ‘long-lasting’ scar, just like the last 40 years of history
Goldman Sachs has tracked four decades of Americans who lost their jobs to technology. The first workers laid off from AI-exposed jobs are starting to look a lot like them, the investment bank wrote in a note published Thursday.
Summary
Goldman Sachs has tracked four decades of Americans who lost their jobs to technology. The first workers laid off from AI-exposed jobs are starting to look a lot like them, the investment bank wrote in a note published Thursday. Goldman economist Pierfrancesco Mei found that workers displaced from AI-exposed jobs since 2025 took about a month longer to find a new job than other displaced workers. They were also roughly 10 percentage points more likely to still be unemployed a year after losing their job.
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