U.S. Data Links AI Adoption to Rising Unemployment Beyond Tech Sector
New U.S. labor-market data suggests that the adoption of artificial intelligence (AI) is contributing to rising unemployment in professional industries beyond software development. According to Futurism, citing reporting by the Financial Times, higher unemployment and increased productivity are occurring simultaneously in several sectors with significant AI integration. Financial researcher Eric Basmajian analyzed productivity trends in information, professional services, and finance—identified as the heaviest AI adopters—and found that approximately 15% of jobs in these areas show an apparent impact. An internal Goldman Sachs report, circulating on social media, further identified finance, telecommunications, technical services, and administration as industries affected by increased AI adoption. This trend indicates that the employment effects of AI are expanding beyond coding and software development, where generative AI is increasingly used to write code.
