A 2023 report by Goldman Sachs estimated that generative artificial intelligence could expose the equivalent of 300 million full-time jobs to automation globally. The report, titled 'The Potentially Large Effects of Artificial Intelligence on Economic Growth,' highlighted that while many jobs may be disrupted, AI could also boost labor productivity and create new roles.
According to the report, approximately two-thirds of current jobs are exposed to some degree of AI automation, with about a quarter of work tasks potentially being automated. However, the report also noted that jobs displaced by automation have historically been offset by the creation of new occupations, often emerging from technological innovations.
As of May 2026, companies across various sectors are indeed rethinking workforce strategies. A survey by McKinsey in 2023 suggested that by 2030, activities that account for up to 30% of hours currently worked across the US economy could be automated, but the pace of adoption varies by industry and region.
While some job losses have been reported in sectors like customer service and data entry, many firms are investing in reskilling programs. The World Economic Forum's 'Future of Jobs Report 2025' indicated that while 92 million jobs may be displaced by 2030, 170 million new roles could be created, resulting in a net positive of 78 million jobs.
It is important to note that the exact number of weekly job losses due to AI is difficult to verify, and claims of 'several thousands per week' may be exaggerated. The Goldman Sachs report remains a key reference for understanding the potential scale of AI's impact on employment.
