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Goldman Sachs: AI job reshuffle not yet evident in labor market

Goldman Sachs analysts report that the predicted AI-driven job reshuffling, where coders would be displaced by AI and move into trades like plumbing, is not yet evident. While jobs in AI-exposed office occupations have decreased, there's no clear indication of a shortage in skilled trades relative to available workers. The overall labor market mismatch index has also declined below pre-pandemic levels. AI

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IMPACT AI's impact on the job market is a key concern for operators, and this analysis suggests the predicted shifts are not yet materializing.

RANK_REASON The article discusses an analysis from Goldman Sachs regarding the impact of AI on the job market, which is commentary on a broader trend rather than a specific event.

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Goldman Sachs: AI job reshuffle not yet evident in labor market

COVERAGE [1]

  1. Fortune TIER_1 · Eleanor Pringle ·

    Don’t hold your breath for the great AI job reshuffle, says Goldman Sachs—there’s little evidence of ‘too many coders and not enough plumbers’

    Everything you need to know before you reach the office this morning.