
AI's Impact on White-Collar Jobs Sparks Economic Debate
Goldman Sachs CEO David Solomon compares AI's labor impact to the industrial revolution, suggesting long-term adaptation amid growing fears of white-collar job cuts.
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Goldman Sachs CEO David Solomon compares AI's labor impact to the industrial revolution, suggesting long-term adaptation amid growing fears of white-collar job cuts.

Goldman Sachs is launching a new team within its global banking division to focus on financing data centers, a move to capitalize on the AI industry's massive infrastructure needs.

Goldman Sachs has announced a limited round of job cuts this year, citing a new strategy to enhance operational efficiency through artificial intelligence.

Goldman Sachs analysts warn the AI industry is running out of high-quality public data for training models, pushing focus towards untapped enterprise data.

Investor optimism has surged to a 10-month high, driven by a powerful rally in AI stocks and investor FOMO, a new Goldman Sachs report reveals.