Elena Nikulina

James Pethokoukis: Goldman Sachs sees AI adoption spreading in U.S. nonmanufacturing sectors

James Pethokoukis: Goldman Sachs sees AI adoption spreading in U.S. nonmanufacturing sectors
AI spreads to nonmanufacturing sectors

Goldman Sachs has observed clearer signs that artificial intelligence is having an impact beyond the technology sector, particularly within U.S. nonmanufacturing industries. According to a statement shared by James Pethokoukis, the bank noted that the share of U.S. firms adopting AI for regular business functions across these sectors now reflects a statistically significant outcome.

James Pethokoukis has previously reported that UBS tracks roughly 70% of 2,919 global billionaires as self-made, according to UBS's global billionaires report. He has also noted that staying with well managed financial firms with strong balance sheets is advisable, as summarized in a recent analysis. These insights provide further context to his coverage of broader financial trends.

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