One of the biggest fears about AI was that it would kill tech jobs and shrink the software industry. The logic seemed straightforward. If AI made developers much more productive, tech companies would need fewer of them. That would mean fewer software subscriptions, known as “seats,” because each worker typically has their own account. Investors
AI is coming to millions of American jobs, but that doesn’t mean the job will disappear forever. Joseph Briggs, who heads Goldman Sachs Research’s global economics team, said on a recent episode of the bank’s “Exchanges” podcast that he expects about 9% of the U.S. workforce to be displaced as AI is adopted across the
