Generative artificial intelligence has the potential to automate many work tasks and eventually boost global economic growth: Goldman Sachs Research forecasts AI will start having a measurable impact on US GDP in 2027 and begin affecting growth in other economies around the world in the years that follow. The foundation of the forecast is the finding that AI could ultimately automate around 25% of labor tasks in advanced economies and 10-20% of work in emerging economies, Goldman Sachs economists Joseph Briggs and Devesh Kodnani write in the team’s report. They estimate a growth boost to GDP from AI of 0.4 percentage ... (full story)