{"id":975,"date":"2026-04-08T19:39:10","date_gmt":"2026-04-08T19:39:10","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/975\/"},"modified":"2026-04-08T19:39:10","modified_gmt":"2026-04-08T19:39:10","slug":"goldman-sachs-uncovers-a-troubling-pattern-behind-ai-tech-job-losses","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/975\/","title":{"rendered":"Goldman Sachs uncovers a troubling pattern behind AI, tech job losses"},"content":{"rendered":"

Workers displaced by artificial intelligence<\/a> and other tech take longer to find new jobs \u2014 and when they do, they\u2019re stuck earning less for years, a new study found.<\/p>\n

People hit by tech-driven layoffs spend roughly a month out of work and suffer pay cuts of more than 3% on averge when they land new roles \u2014 losses that compound over time, according to researchers at Goldman Sachs.<\/p>\n

Laid-off workers who lost jobs due to tech see earnings growth lag by nearly 10 percentage points compared to those who were never laid off \u2014 a pattern Goldman warns could repeat as AI reshapes the labor market.<\/p>\n

Goldman Sachs research finds AI-driven job displacement can lead to long-term earnings losses and career setbacks for workers. fizkes \u2013 stock.adobe.com<\/p>\n

The damage doesn\u2019t stop at paychecks, the researchers said. <\/p>\n

Workers who lose jobs to technology are more likely to face repeated unemployment and delays in major life milestones like buying a home or starting a family, according to the report released Monday.<\/p>\n

Much of the hit comes from what economists call \u201coccupational downgrading,\u201d in which displaced workers are pushed into lower-paying, less-skilled roles as the value of their previous experience erodes.<\/p>\n

Artificial intelligence is already wiping out roughly 16,000 net jobs per month in the US, with younger workers bearing the brunt of the losses, according to separate Goldman Sachs research.<\/a><\/p>\n

The bank\u2019s economists estimate that AI-driven automation eliminated about 25,000 jobs each month over the past year, while only about 9,000 were added back through productivity gains and new roles.<\/p>\n

The impact has been hardest for Gen Z and entry-level workers, who are disproportionately concentrated in routine white-collar and administrative roles such as data entry, customer service, legal support and billing \u2014 jobs AI is best at automating.<\/p>\n

A new Goldman Sachs report warns that workers displaced by technology may struggle to recover financially for years. bongkarn \u2013 stock.adobe.com<\/p>\n

In occupations most exposed to AI substitution, the unemployment gap between entry-level workers under 30 and experienced workers ages 31 to 50 has widened sharply, with employees in more AI-exposed roles seeing wage gaps widen by about 3.3 percentage points, according to Goldman\u2019s new analysis.<\/p>\n

The problem for Gen Z is that AI-driven job destruction <\/a>is hitting entry-level roles \u2014 ones they are most likely to hold \u2014 before other areas of the workforce. New opportunities may take longer to materialize and require different skills.<\/p>\n

Not everyone is convinced the damage will last forever.<\/p>\n

\u201cNo, I do not think they\u2019re permanent,\u201d Marcus Mossberger, a chief market strategy officer, told The Post.<\/p>\n

\u201cTechnology, generally speaking, does create more jobs than it destroys \u2014 but those are different jobs.\u201d<\/p>\n

AI is increasingly taking over routine, administrative tasks \u2014 leaving many workers scrambling to adapt. ihorvsn \u2013 stock.adobe.com<\/p>\n

He pointed to a shift in the types of work being done, with artificial intelligence increasingly taking over repetitive, administrative and data-heavy tasks \u2014 while leaving more complex, human-driven responsibilities intact.<\/p>\n

That means jobs aren\u2019t necessarily disappearing altogether, but being reshaped \u2014 forcing workers to either adapt to new roles or risk being pushed into lower-paying work if their existing skills become obsolete.<\/p>\n

\u201cI would suggest to you that 100% of jobs will be impacted by AI \u2026 not destroyed,\u201d Mossberger told The Post.<\/p>\n

\u201cSo far\u2026 they haven\u2019t been able to find even one job that was one hundred percent destroyed by AI.\u201d<\/p>\n

\u201cWe have to be constantly retraining,\u201d he continued.<\/p>\n

\u201cWe have to completely change our mindset and recognize we have to be constantly learning.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Workers displaced by artificial intelligence and other tech take longer to find new jobs \u2014 and when they…\n","protected":false},"author":2,"featured_media":976,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[24,25,309,1296,1297,781],"class_list":{"0":"post-975","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ai","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-business","11":"tag-goldman-sachs","12":"tag-layoffs","13":"tag-tech"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=975"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/975\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/976"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}