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 ...

Goldman Sachs warns generative AI is already affecting US tech jobs, with young workers facing rising unemployment and ...

Since early 2024, unemployment within this demographic has climbed by almost 3 percentage points—over four times the national ...

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

The Goldman Sachs Group, Inc. (NYSE:GS)’s shares have gained 25% year-to-date due to greater deal-making activity and IPOs.

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

Goldman Sachs Chief Economist Jan Hatzius is on the case, leading a team that draws from a breadth of industry surveys, government data, and proprietary analysis to produce an AI Adoption Tracker.

Goldman Sachs said Monday it will roll out an artificial intelligence tool that could be used to take over tasks traditionally done by junior bankers — fueling ongoing fears the technology could ...