Unemployment for 20- to 30-year-olds in the tech sector has increased 3% since the beginning of the year, Goldman Sachs ...

Since early 2024, the unemployment rate increase for 20- to 30-year-olds in tech has risen much faster than the overall ...

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

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

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 ...

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.

HSBC on Tuesday raised its year-end S&P 500 index target by more than 800 points to 6,400, citing euphoria around artificial ...

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 ...

Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a ...