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Goldman Sachs warns generative AI is already affecting US tech jobs, with young workers facing rising unemployment and ...
Since early 2024, the unemployment rate increase for 20- to 30-year-olds in tech has risen much faster than the overall ...
Goldman Sachs reports that since the launch of ChatGPT, young tech workers have faced a sharp rise in unemployment.
The bank's Chief Economist, Jan Hatzius, estimated in the note that AI will replace 6% to 7% of all U.S. workers within the next decade. However, he predicted that the unemployment rate would only ...
The New York bank is the latest to offer generative AI to all its employees and agentic AI to developers. Chief Information ...
Tech company earnings appear to be driving the stock markets upward today after Palantir delivered a massive quarter after ...
The White House is preparing to step up pressure against big banks over perceived discrimination against conservatives and crypto companies with an executive order that threatens to fine lenders that ...
HSBC on Tuesday raised its year-end S&P 500 index target by more than 800 points to 6,400, citing euphoria around artificial ...
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks among the best stocks to buy for the next 6 months. On ...
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 ...
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