GoKawiilNew data link AI adoption to productivity gains and job losses in US sectors
The Financial Times cites two new data sources suggesting AI is affecting US employment: analyst Eric Basmajian found productivity gains concentrated in roughly 15% of jobs, especially in information, professional services, and finance. A reportedly internal Goldman Sachs report also circulated showing rising unemployment correlated with AI exposure in sectors like finance, telecoms, technical services, and administration.
GoKawiil's interpretation of the reporting above, not reported fact.
These findings could offer some of the first empirical support for long-feared claims that AI is displacing workers rather than simply boosting output, though the FT notes important caveats. The 'productivity' gains may reflect reduced headcount rather than higher output per worker, suggesting the trend could be about cost-cutting rather than innovation. The data is also US-specific, so its relevance to other labor markets remains uncertain.
- Basmajian's analysis found productivity gains in about 15% of jobs, concentrated in AI-heavy sectors.
- A reported Goldman Sachs memo links AI exposure to rising unemployment beyond tech roles.
- Experts caution 'productivity' gains may reflect lower headcount rather than genuine output growth.
Source: futurism.com — Joe Wilkins, 2026-11-03
Published there as: “There Are Now Growing Signs That AI Is Hurting Employment in the Job Market”
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