nytimes： Goldman Sachs CEO David Solomon just argued that AI will automate large parts of work without making human labor obsolete.

Goldman estimates AI may automate 25% of current work hours， while exposed entry-level roles have already seen a 16% relative decline.

However， he says that AI cuts the time needed for a task， but markets rarely keep the same product and merely make it cheaper.

They raise the standard， so an analyst who once built 1 chart now produces broader modeling， faster comparisons， sharper client work， and more follow-up.

So there will be demand expansion， where automation makes each worker capable of more， and customers then expect more detail， speed， personalization， and coverage.