Impacts of AI · Site 04 of 08 · Socio-economy · AI and the Ledger

$7Trillion

Goldman Sachs predicts a 7% rise in global GDP, about $7 trillion, and 1.5% a year more US productivity growth over ten years: the headline projection the rest of this page is measured against.

Goldman Sachs 2023, cited in Acemoglu (MIT Economics), 2025

Corroborated
Scroll · footage plays as you go

Somebody’s shift changes

Around 80% of the US workforce could have at least a tenth of their tasks affected by large language models, and about 19% at least half.

Eloundou et al. (OpenAI), 2023

Most jobs are exposed

Almost 40% of global employment is exposed to AI, replacing some work and complementing the rest, with advanced economies facing both more risk and more opportunity.

IMF (Georgieva), 2025

The catch is uptake

Only 5% of US businesses use AI in producing goods and services, though about 28% of individuals say they use generative AI for their job.

Congressional Budget Office, 2025

01 / The upside

Already on the books

Annual value, measured productivity, record investment and adoption: the gains already counted.

Q1 · Annual value
$4.4T
A year from generative AI, at the top of McKinsey's range

McKinsey estimates generative AI could add $2.6–4.4 trillion a year, with further productivity growth depending on how fast it is adopted and labour redeployed.

McKinsey, cited in Bayraktar, 2026

Corroborated
Q1 · Measured, not modelled
14%
More customer issues resolved per hour with an AI assistant

Across customer-support agents, access to a GPT-based assistant raised productivity by 14% on average, with much larger gains for novice and less-skilled agents.

Brynjolfsson et al., cited in Brookings Institution, 2025

Corroborated
Q2 · Investment
$252.3bn
Corporate AI investment in 2024

Corporate AI investment reached $252.3 billion in 2024, with private investment up 44.5%; total AI investment has grown more than thirteenfold since 2014.

Stanford HAI, AI Index 2025, 2025

Corroborated
Q3 · Adoption
78%
Of organisations using AI in 2024, up from 55%

78% of organisations reported using AI in 2024, up from 55% the year before, while research increasingly finds AI raises productivity and narrows skill gaps.

Stanford HAI, AI Index 2025, 2025

Corroborated
Q4 · One deployment
700
Customer-service agents' work done by one AI system

Klarna reported its AI system doing the work of 700 customer-service agents about a year after it laid off 700 employees.

Brookings Institution, 2025

Company-reported
01 / 05
A developer at work
Q2 · New work
+50%
Growth in the STEM share of US jobs since 2010

The share of US jobs in science, technology, engineering and maths grew from 6.5% in 2010 to nearly 10% in 2024: an almost 50% increase as firms hire technical talent.

Harvard Gazette, on Deming et al., 2025

Single-source
Q2 · Wages
16%
Of US real wage growth, 1954–2019, came from falling labour share

Automation has raised wages before: falling labour share accounted for 16% of US real wage growth from 1954 to 2019, and the authors find further automation should raise wages in all twelve countries studied.

Autor et al., 2026

Peer-reviewed
Q3 · Spending
$521bn
Projected spending on AI software, hardware and services by 2027

Spending on AI software, hardware and services is projected to reach $521 billion by 2027, against $180 billion in 2023.

Bank of America, 2025

Company-reported
No verified statistic

No verified figure exists for how many of the jobs AI creates go to the people whose jobs it displaces. Forecasts count both totals; none tracks the same workers across the switch.

No verified statistic

No verified figure exists for productivity gains outside the handful of firms that published field studies. Most adopters report usage, not output.

02 / Emerging & unsettled

Two columns, both real

Who is exposed, how big the gain really is, and what happens when everyone writes the same polished application.

Q6 · Who is exposed
60%
Of top-decile earners in AI-exposed jobs, against 15% at the bottom
Workers in highly AI-exposed occupations, UK
  1. 90th income percentile~60%
  2. 10th income percentile15%

In UK data, roughly 60% of workers at the 90th income percentile are in occupations where AI can do a large share of tasks, against 15% at the 10th percentile. High earners also hold the most capital.

IMF working paper, 2025

Single-source
Q1 · A modest view
1.1%
GDP gain over ten years, in Acemoglu's estimate
1.1% against Goldman's 7%

Building the forecast up from tasks, Acemoglu finds total-factor productivity about 0.71 percentage points higher in ten years and GDP about 1.1% higher: far below the 7% of the headline forecast.

Acemoglu (MIT Economics), 2025

Single-source
Q5 · Rich and poor countries
Of jobs exposed to automation, by country income
0.4%Of employment exposed to automation, low-income countries
5.5%Exposed to automation, high-income countries
10.4%Open to augmentation, low-income countries
13.4%Open to augmentation, high-income countries

Exposure to automation by generative AI is concentrated in richer countries; augmentation reaches more jobs everywhere, but infrastructure gaps may widen the productivity divide.

ILO (Gmyrek, Berg & Bescond), 2023

Single-source
Q6 · Signalling
5%
Fall in average wages once AI-written applications erase the signal

When an AI writing tool let every freelancer write a polished pitch, employers could no longer tell strong from weak applicants: average wages fell 5% and hiring per job post 1.5%.

Galdin & Silbert, 2025

Single-source
Q5 · Young workers
46%of young Americans
Of young Americans who think AI may take their job within five years

46% of young Americans think it at least somewhat likely that AI will replace their job in the next five years, and roughly two-thirds want government to act against AI job losses.

Brookings Institution, 2025

Single-source
No verified statistic

No verified figure exists for how much of the forecast GDP gain reaches wages rather than profits. The models that estimate it disagree on the share by design.

No verified statistic

No verified count exists of layoffs caused by AI. Employers' stated reasons are not audited, and AI is often one factor among several.

03 / The risk

Who pays the difference

Jobs exposed, inequality widened, incomes squeezed and routine work thinned out.

Q5 · Exposure
300M
Full-time jobs that could be automated globally

Up to 300 million full-time jobs could be automated globally, with a quarter of exposed positions at risk of replacement by generative AI.

Hatzius (Goldman Sachs) 2023, cited in Ahmadi, 2024

Corroborated
Q6 · Inequality
50–70%
Of the rise in US wage inequality attributed to automation

Over the last 40 years, about 50–70% of the increase in US wage inequality has been attributed to new automation technologies.

Brookings Institution, 2025

Corroborated
Q5 · A tipping point
26%
Fall in disposable income per person by 2050, in one model

A system-dynamics model finds a moderate rise in AI capital relative to labour could double underutilisation and cut disposable income per person by 26% by mid-2050, unless job creation rises more than tenfold.

Scientific Reports, 2025

Single-source
Q5 · Retail
25%
Drop in retail sales jobs' share of US employment, 2013–2023

Between 2013 and 2023 retail sales jobs fell from 7.5% to 5.7% of the US job market, a 25% drop, as early adopters of predictive AI reshaped e-commerce.

Harvard Gazette, on Deming et al., 2025

Single-source
01 / 04
Robot arms on a line
Q5 · Clerical work
82%
Of clerical job tasks exposed to generative AI above average

Clerical work is the one broad group highly exposed: 24% of its tasks are highly exposed and a further 58% at medium level, 82% in all.

ILO (Gmyrek, Berg & Bescond), 2023

Single-source
Q7 · Concentration
12×
US private AI investment against China's, 2024

US private AI investment reached $109.1 billion in 2024, nearly 12 times China's $9.3 billion and 24 times the UK's $4.5 billion.

Stanford HAI, AI Index 2025, 2025

Corroborated
Q7 · Who captures it
70%
Of AI's global economic impact going to China and North America

China and North America will account for about 70% of AI's global economic impact by 2030; PwC puts China's GDP boost at about 26% and North America's at 14.5%.

Bank of America, 2025

Company-reported
Q6 · Labour share
58.4%
US labour share of income in 2019, down from 67.8% in 1987

Workers' share of US income fell from 67.8% to 58.4% between 1987 and 2019, with technological change a leading explanation.

Autor et al., 2026

Peer-reviewed
Q8 · Policy trade-off
26.9%
Output lost to a capital tax that would curb AI inequality

A 15% capital tax could cut the wage Gini by 3.4 points and the wealth Gini by 3.7, but would reduce output by 26.9% and average wages by 11.8%.

IMF working paper, 2025

Single-source
04 / The reality check

Saying and doing

A sevenfold spread in forecasts, one exposed occupation in nine, and counts that measure different things.

Q1 · The forecast gap
1.1–7%
Ten-year GDP gain from AI, lowest to highest forecast here

Forecasts of what AI adds to output over a decade run from about 1.1% (Acemoglu, built up from tasks) to 7% (Goldman Sachs). The spread is the finding.

Acemoglu (MIT Economics), 2025

Corroborated
Q5 · Exposure by occupation
1 of 9
Broad occupation groups highly exposed to generative AI

Only clerical work is highly exposed; in every other broad group, at most 1–4% of tasks are highly exposed. The main effect is likely augmentation, not automation.

ManagersProfessionalsTechnicians and associate professionalsClerical support workersService and sales workersSkilled agricultural, forestry and fisheryCraft and related tradesPlant and machine operatorsElementary occupations
Highly exposed1–4% of tasks highly exposedISCO-08 major groups

ILO (Gmyrek, Berg & Bescond), 2023

Single-source
Q9 · Measurement
5 vs 28%
Businesses using AI in production vs individuals using it at work

Only 5% of US businesses incorporate AI into production in more than an incidental way, yet about 28% of individuals say they use generative AI for their job: the two counts measure different things.

Congressional Budget Office, 2025

Corroborated
Q9 · Out of date
26%
Gap between 2023 exposure scores and today's frontier models

The most cited exposure scores were set against models of early 2023; frontier capability has since moved about 26% beyond them, so the standard map of exposed work is already stale.

arXiv study of creative professions, 2025

Single-source
Q10 · Old warnings
47%
Of US occupations a 2013 study put at imminent risk

A 2013 study put 47% of US occupations at imminent risk from computers; the measured pace of occupational change slowed instead, until it picked up again from 2019.

Harvard Gazette, on Deming et al., 2025

Single-source
05 / CodaNo statistics in this section

Desks. Warehouse. Reskilling.

Desks
Warehouse
Reskilling
06 / Closing

A ledger has two columns

Projections are not outcomes. Where sources disagree, both are printed here; where a figure is company-reported, contested or single-source, it says so. Every statistic carries its origin and its confidence label.

Sources · 16 documentsFrom the LearnHaus socio-economy corpus
  1. 01The Simple Macroeconomics of AIAcemoglu (MIT Economics) · Academic Research Publication / Institutional Whitepaper · 2025 · cited for Q0, Q1
  2. 02Automation, Income Incidence, and Capital Accumulation in Incomplete MarketsBayraktar · arXiv / Cornell University · 2026 · cited for Q1
  3. 03AI’s impact on income inequality in the US | BrookingsBrookings Institution · Brookings Institution · 2025 · cited for Q1, Q4, Q5, Q6
  4. 04Artificial Intelligence Index Report 2025Stanford HAI, AI Index 2025 · Academic Research Publication / Institutional Whitepaper · 2025 · cited for Q2, Q3, Q7
  5. 05Is AI already shaking up labor market? — Harvard GazetteHarvard Gazette, on Deming et al. · Academic Research Publication / Institutional Whitepaper · 2025 · cited for Q2, Q5, Q10
  6. 06Resolving the automation paradox: falling labor share, rising wagesAutor et al. · arXiv / Cornell University · 2026 · cited for Q2, Q6
  7. 07How AI Could Potentially Impact the Economy and MarketsBank of America · Academic Research Publication / Institutional Whitepaper · 2025 · cited for Q3, Q7
  8. 08AI Adoption and Inequality, WP/25/68, April 2025IMF working paper · Academic Research Publication / Institutional Whitepaper · 2025 · cited for Q6, Q8
  9. 09Global Employment Consequences of Advanced Generative Models: An Empirical Exposure AssessmentILO (Gmyrek, Berg & Bescond) · International Labour Organization (ILO) · 2023 · cited for Q5
  10. 10Making Talk Cheap: Generative AI and Labor Market SignalingGaldin & Silbert · arXiv / Cornell University · 2025 · cited for Q6
  11. 11Generative AI Impact on Labor Market - Analyzing ChatGPT's Demand in Job AdvertisementsAhmadi · Academic Research Publication / Institutional Whitepaper · 2024 · cited for Q5
  12. 12Generative AI may create a socioeconomic tipping point through labour displacement.Scientific Reports · Nature Publishing Group · 2025 · cited for Q5
  13. 13Artificial Intelligence and Its Potential Effects on the Economy and the Federal Budget | Congressional Budget OfficeCongressional Budget Office · Academic Research Publication / Institutional Whitepaper · 2025 · cited for Q9, Opening
  14. 14The Labor Market Effect of Generative Artificial Intelligence on Creative ProfessionalsarXiv study of creative professions · arXiv / Cornell University · 2025 · cited for Q9
  15. 15GPTs are GPTs - An Early Look at the Labor Market Impact Potential of Large Language ModelsEloundou et al. (OpenAI) · arXiv / Cornell University · 2023 · cited for Opening
  16. 16AI Will Transform the Global Economy. Let’s Make Sure It Benefits Humanity.IMF (Georgieva) · Academic Research Publication / Institutional Whitepaper · 2025 · cited for Opening

Goldman Sachs and McKinsey forecasts are cited via Acemoglu and Bayraktar, and the customer-support study via Brookings, as those sources state them.