Posts tagged Goldman Sachs
JPMorgan Chase to order staffers back to office 5 days a week: report
January 8, 2025 // Wall Street firms have remained divided on their remote work policies after pandemic restrictions were lifted. Goldman Sachs mandated workers return to the office full-time in 2021 — and later reminded them of this policy in 2023, when some employees continued to work from home. Goldman Sachs staffers have been working in the office five days a week since then and the company is no longer transitioning its in-office policy.
Commentary: The Hollywood Strikes Stopped AI From Taking Your Job. But for How Long?
December 28, 2023 // The “learn to code” crowd has all new ammo. Even Biden’s executive order was clear about the fact that the US government wanted to attract the best and brightest in the field. But that’s job creation, not job displacement. New technologies create jobs all the time, but with AI, some of those jobs pay pennies. What’s more, AI can also ask you to train it to do your job before picking up your tools. Going forward, the likelihood that AI will displace many entry-level jobs while creating a few highly skilled gigs seems high. The biggest questions in AI right now nearly all revolve around what these machines are learning from people, whether it’s human skill or human bias.
AI JITTERS IN THE WORKPLACE: STRATEGIES TO ENCOURAGE WORKERS TO EMBRACE NEW TECHNOLOGY
October 19, 2023 // The AI fear is definitely real, too. An APA study revealed that 4 out of 10 workers fret over being replaced by AI. Goldman Sachs predicted that at least 300 million jobs could be on the line, and Forrester reports that 45 million workers could lose jobs by 2030. OpenAI adds that 80% of workers will see daily tasks affected, and a Pew Research Center report shows that over 50% of Americans worry about AI’s potentially harmful effects. Also important to note We don’t know how Chat GPT will evolve or devolve. We don’t know how the government will fully regulate it and other AI tools. In other words, hang tight and be ready to adapt. By adopting efforts to include solutions in your positive employee relations efforts, you can boost engagement, retention, and communicate to your employees that you have their technology concerns in mind.