https://www.businessinsider.com/ai-impact-economy-gdp-jobless-growth-productivity-2025-10
The US economy is strong, but America may be entering an era of "jobless growth" because of artificial intelligence, Goldman Sachs wrote in a Monday note.
"The modest job growth alongside robust GDP growth seen recently is likely to be normal to some degree in the years ahead," analysts at Goldman Sachs wrote.
They added that this trend is likely to continue, with most potential growth coming from AI-driven productivity. Meanwhile, population and lower immigration would contribute only modestly to the labor supply.
There are already signs of a weaker job market, wrote the analysts.
The analysts pointed out that job growth outside the healthcare industry has turned negative in recent months, and that corporate management teams are increasingly focused on using AI to reduce labor costs — a shift that could weigh on hiring long term.