Since early 2024, the unemployment rate increase for 20- to 30-year-olds in tech has risen much faster than the overall ...

Unemployment for 20- to 30-year-olds in the tech sector has increased 3% since the beginning of the year, Goldman Sachs ...

The bank’s Chief Economist, Jan Hatzius, estimated in the note that AI will replace 6 per cent to 7 per cent of all US ...

The arrival of generative artificial intelligence is already leaving its mark on the American labor market, with early signs of disruption appearing in employment data, according to a senior Goldman ...

Goldman Sachs reports that since the launch of ChatGPT, young tech workers have faced a sharp rise in unemployment.

The New York bank is the latest to offer generative AI to all its employees and agentic AI to developers. Chief Information ...

A 30% probability of a US recession might sound like a red flag, yet global stocks remain buoyant as betting against the ...

Goldman Sachs has been building out its generative AI toolkit. The firm aims to release one of its tools, an AI assistant, to most staff this year. Here's a look at five such tools — the promise ...

Wall Street has embraced generative artificial intelligence faster than any other disruptive technology in recent years, experts say. The Goldman Sachs logo at the New York Stock Exchange in 2023.

In speaking with CNBC about his vision for artificial intelligence at the firm, Argenti — who joined from Amazon in 2019 — repeatedly likened the AI program to a new employee that will absorb ...