Last month, Goldman Sachs predicted that the growth and expansion of artificial intelligence (AI) will eventually lead to about 300 million layoffs among highly-paid, non-menial workers both in the United States and Europe. And IBM is already leading the way into this new robot economy by announcing plans to lay off nearly 8,000 higher-paid workers, all of whom will be replaced by automation. Goldman chief economist Jan Hatzius explained, using data on occupational tasks both in the
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