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Goldman Sachs Finds AI Is Already Hitting Entry-Level Jobs

by News Editor

August 19, 2026

Labor Market Pressure Is Concentrated In A Few Industries

AI is beginning to weigh on employment across major developed economies, with the strongest effects appearing in highly exposed industries and among entry-level workers, according to Goldman Sachs.

Since late 2022, sectors more vulnerable to AI automation have generally seen slower growth in job openings, particularly in Germany, Australia and the U.S. Employment in information and communication services has also weakened across most developed economies, although it remains near or above its long-term trend outside the U.S.

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Call Centers Show The Clearest Impact

Call centers, software publishing, management consulting and advertising have seen employment fall well below historical trends. Call-center employment is now 39% below trend in the U.S., 33% lower in Canada and 27% lower in Germany.

Goldman’s analysis of more than 800 occupations found that entry-level workers face the strongest AI-related pressure. A 10% increase in occupational exposure to AI was associated with a 0.1 percentage-point drag on annual employment growth in France, Canada and the U.S., while the effect for entry-level workers was larger.

Still, Goldman said the impact remains concentrated in a relatively narrow group of industries and workers.

AI Adoption Continues To Grow

Goldman’s analysis of 11 surveys found AI adoption rates of around 15% to 20% across major developed economies. France, the U.S., the Netherlands and the U.K. were among the leaders, while Italy, Japan and New Zealand had lower adoption rates.

Major emerging markets recorded adoption rates of roughly 10% to 15%.

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Paramount Closes $110 Billion Warner Bros. Discovery Deal, Creating Skydance Entertainment Giant

by THEFUTURE.TEAM

October 6, 2026

Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, bringing together two of the most powerful names in media under a new combined company, Skydance. The deal, announced Tuesday, creates one of the largest entertainment mergers ever completed and reshapes the competitive landscape across streaming, film, television and cable.

A New Power Center In Global Entertainment

The combined company unites Paramount+ and HBO Max, alongside a broad portfolio of networks that includes CBS, CNN, MTV, TBS, Comedy Central and Food Network. It also gives Skydance control over some of the industry’s most valuable franchises, including The Lord of the Rings, Game of Thrones, the DC Universe and Yellowstone.

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For the industry, the scale of the transaction is as significant as the assets themselves. In an era defined by streaming competition and rising content costs, ownership of established intellectual property has become a strategic advantage akin to controlling a premium distribution network in a previous media cycle.

Ellison Expands His Influence

The merger places one of the world’s largest entertainment studios under the control of David Ellison, who only last year completed the combination of Skydance Media and Paramount. With this latest transaction, Ellison is accelerating his rise as one of Hollywood’s most influential executives.

The Ellison family remains Skydance’s largest shareholder, backed by the financial power of Larry Ellison, the Oracle co-founder and David Ellison’s father. That support gives the company considerable flexibility as it integrates two sprawling media businesses and seeks to compete more aggressively across platforms.

Legal Hurdles Cleared Before Closing

The deal’s completion follows settlements with a coalition of U.S. states and a Hollywood writers’ union, removing the principal legal obstacles that had threatened to delay or derail the merger.

Paramount first announced in February that it would pursue Warner Bros. Discovery after a bidding contest with Netflix, which had earlier struck its own agreement to acquire Warner Bros.’ film and television studios and streaming operations, excluding the cable networks. Paramount strengthened its offer by promising shareholders additional cash if the deal failed to close by a set deadline and by agreeing to cover the breakup fee owed to Netflix.

What Skydance Says Comes Next

“Today is a historic day, not just for Skydance but for our entire industry,” Ellison said in a statement. “From the start, our ambition was to bring these two storied studios together and create a stronger competitor, with the talent, resources, and reach to tell great stories in every genre, on every platform, for audiences everywhere. Our focus now turns to the future: building a company that empowers creatives, entertains audiences and rewards shareholders. We couldn’t be more excited to get to work.”

Skydance said the combined company will generate nearly $70 billion in annual revenue. The company’s Class B shares are set to begin trading on the New York Stock Exchange today under the ticker symbol SKYD.