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White Collars at Risk
White Collars at Risk
While analytical AI was more of a "feature" for automation systems, allowing them automatically adjust their algorithms based on new information, generative AI is a whole new beast.
That's because it taps into what has always been considered "human territory."
In its recent report, Goldman Sachs found that generative AI can already replace 1 out of 4 while collar workers in almost every occupation.
Take a look:
They estimate that AI (in its current form) will eventually replace two-thirds of occupations - an assumption that doesn't even factor in the exponential growth of AI capabilities.
Even more worrying, this disruption will mainly affect the developed world, where most white-collar jobs are concentrated.
In all, Goldman Sachs projects that AI will hit 300 million workers globally.
That doesn't necessarily mean that those hundreds of millions of people will instantly lose their jobs. More likely, they will gradually face more competition until they are eventually priced out.
Just think of how Uber drivers have overtaken taxis.