Goldman Sachs has reported that the integration of artificial intelligence into various industries is leading to a slowdown in job openings, particularly in sectors heavily exposed to AI automation. This trend has been most pronounced in countries like Germany, Australia, and the U.S., where employment in information and communication services has declined since the second half of 2022.
Despite this decline, employment levels in these sectors remain close to or above long-term trends outside the U.S. Notably, industries such as call centers, software publishing, management consulting, and advertising have experienced significant drops in employment, with call centers seeing a 39% reduction in the U.S., 33% in Canada, and 27% in Germany compared to historical trends.
The report emphasizes that entry-level workers are particularly vulnerable to these AI-related employment pressures, with a more substantial negative impact observed in their job growth compared to other occupational levels.
Overall, while AI adoption rates in developed markets range from 15% to 20%, the effects on employment are currently limited to specific industries and job types, suggesting a complex relationship between AI integration and labor market dynamics