AI to end your lawyer
Goldman isn’t terribly comforting. AI Productivity-Unemployment Link: 1% AI-driven productivity gain → 0.3-0.4pp temporary unemployment peak (fading in 2 years), with gross job losses (0.5-0.6pp) and hiring drag (0.2pp) driving displacement. Services Sector Correlation: US services industry shows statistically significant negative relationship: unemployment rate = -2 × AI adoption + 4.20…
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