business π€ AI isn't just about cutting jobs, it's about changing work
AI is starting to change how workplaces function, but many companies are rushing into decisions before the data supports it. Early AI-driven layoffs often haven't delivered the expected business benefits, revealing underlying issues instead. Goldman Sachs estimates that AI only decreased monthly U.S. payroll growth by about 16,000 jobs in the last year. This impact has added roughly 0.1 percentage points to the unemployment rate, covering both hiring slowdowns and job losses. The actual scale of AI's workforce effect is still much earlier than the current dramatic predictions suggest. π€