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But we saved everything 🙂.
Goldman Sachs has observed that concerns over imminent AI-related labor displacement have lessened in recent months after reaching high levels earlier this spring.
James Pethokoukis shared the assessment, adding that discussion is now shifting toward whether AI labor cost savings will be enough to justify increasing AI investment.
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James Pethokoukis has previously reported that about 70% of 2,919 global billionaires are self-made, according to UBS research. He has also advised remaining with well managed, large financial firms that maintain strong balance sheets in recent commentary. These observations contribute context to ongoing discussions around investment and economic resilience.