A top Goldman Sachs economist says AI will displace the jobs of 15 million US workers - Business Insider
Briggs drew a comparison between this projected shift and the technological disruption that occurred in the late 1990s. The prediction was reported by Business Insider on July 3, 2026.
Briggs is a senior economist at Goldman Sachs who has previously researched AI's impact on labor markets. His forecast of 15 million displaced jobs is based on modeling of automation potential across various sectors. He did not specify a timeline for when this displacement might occur, according to the report.
The prediction adds to a growing body of economic analysis on AI's potential to reshape the job market. Other estimates have varied widely, with some forecasting more modest impacts and others predicting even larger disruptions. Briggs's analysis does not address potential new job creation from AI, which some economists argue could offset displacement. The Goldman Sachs report has not been publicly released in full, but the excerpt provides Briggs's headline projection.