Goldman Sachs (NYSE: GS) just said…
That two thirds of jobs in the U.S. and Europe are vulnerable to AI automation.
But they also say that this can spark a productivity boom that could raise annual global gross domestic product by 7% over a 10-year period.
In other words: It will free up time for other activities…
And it could also lead to the creation of LOTS of new jobs.
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Now, if you’ve feared that AI will make your job obsolete…
Goldman Sachs’ new view can shed a revealing light on this question.
Especially considering we’ve seen similar scenarios with past radical tech advances such as steam power… electricity… and the internet.
In a new report…
Goldman Sachs talked about how AI could automate a quarter of work in major economies, thanks to breakthroughs in ChatGPT-like AI tech.
And while this could lead to significant disruption…
And impact as many as 300 million jobs…
It will also free up time for other productive activities.
This could raise the world’s gross domestic product by 7% over the coming decade.
And it echoes a similar statement by Bill Gates, which is that technologies like ChatGPT “will make many office jobs more efficient” and that “it will change our world.”
But change can be scary.
So let us go back 25 years ago when the internet burst onto the scene in 1993.
You might remember that the internet presented a big disruption.
And that there was a vocal group that viewed it in a negative light.
Back then, you could’ve predicted that email would lead to fewer letters…
Or that news companies would disappear if people could read stuff online.
You could’ve even said that physical shops would become obsolete because everybody would do their shopping online.
And those thoughts could’ve had some merit.
But fast forward 30 years…
And while many changes did happen, a slew of unexpected changes, new jobs, new companies, and new industries came with them.
Most importantly, it also made our professional and personal lives better in countless ways.
Remember the cost of starting a business with worldwide reach before the internet?
It was daunting to say the least.
Same with calling family if they were in the other side of the world.
In short, AI is creating a brand-new way for humanity to grow and prosper.
And most importantly for investors, it’s also creating a tsunami of opportunities that could you multiply your money like crazy.
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Because this is THE biggest transformational tech trend of the last 20-30 years.
As Bill Gates just said, it will “change our world.”
Banking giant UBS says the AI market could be worth a trillion dollars.
And as you know…
Some of the biggest names in tech are making massive investments in AI.
Like Microsoft’s $10 billion investment in OpenAI, the startup behind ChatGPT.
This major investment is also sparking a NEW wave of investments in AI…
And it’s offering a TRULY incredible opportunity to cash in for those who jump into the right trades, RIGHT NOW.
That’s why I’m sharing a free report which reveals urgent details about:
- The massive artificial intelligence tsunami caused by Chat GPT – and why it’s sending Google and Facebook scrambling.
- Why Elon Musk, Jeff Bezos and Bill Gates are betting BILLIONS on this groundbreaking technology.
- How AI will create a new $1 trillion market by disrupting millions of jobs.
- How to avoid FAKE AI stocks that are scams, frauds and will never hand you a profit.
- The top 3 stocks to BUY now. These stocks could reap immense profits and deliver life-changing gains to early investors including YOU.
Frankly, this is only the 1st inning of this brand-new tech boom.
So it’s as early stage as it gets.
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