Back to topic
Career & ROI

Goldman Sachs Says AI Is Erasing 16,000 Jobs a Month — Here's Why Some Companies Are Pushing Back

Goldman Sachs estimates AI is wiping out 16,000 jobs per month — and MIT Sloan argues companies that don't slash entry-level roles may hold the long-term competitive edge.

Issue No. 3July 10, 2026Source: MIT Sloan Management Review

Goldman Sachs estimates AI is eliminating 16,000 jobs every month, with Anthropic CEO Dario Amodei warning that half of entry-level positions in finance, consulting, law, and tech could disappear within a few years. For you as a prospective college graduate, that's not an abstract threat — it directly targets the roles that have historically served as career launchpads. But a counterintuitive argument is gaining traction in MIT Sloan Management Review: companies that resist gutting their entry-level workforce may actually outcompete those that don't, because they'll preserve the talent pipelines that grow senior leaders. The business case rests on a simple question — if no one gets hired at the bottom, who climbs to the top? As you weigh your major, career path, and whether a degree is worth the cost, the most durable move may be targeting roles that build judgment and institutional knowledge, the two things AI still can't replicate at scale.

This issue draws on reporting and data from MIT Sloan Management Review.

Keep reading

Smart insights for the modern learner

Join 15,000+ adult learners, career changers, and working professionals getting our curated insights every Monday, Wednesday, and Friday.

No spam, ever. Unsubscribe at any time.