Unemployment rates among tech workers between 20 and 30 years old jumped by 3 percentage points since the start of this year, ...

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 ...

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 ...

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

Tech company earnings appear to be driving the stock markets upward today after Palantir delivered a massive quarter after ...

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

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks among the best stocks to buy for the next 6 months. On ...

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.

The number of people used, whether it be a junior banker, analyst or a salesperson, you just don’t need to throw bodies at it anymore.” ...