Goldman Sachs has said generative artificial intelligence (AI) systems might disrupt the labor market and impact 300 million full-time jobs worldwide. The emergence of generative AI, known for its ability to produce text and other content based on users' requests, is marked by its popularity. It spawned from the release of OpenAI's ChatGPT, which quickly captured users' attention and prompted other tech companies to follow suit and launch their own AI systems. After scrutinizing occupational tasks data from the U.S. and Europe, Goldman Sachs analysts, in their research report,projected that approximately 300 million job positions worldwide could be vulnerable to automation, provided generative AI delivers on its promised capabilities. Around 66% of existing jobs face the possibility of being affected by artificial intelligence automation in varying degrees, analysts Joseph Briggs and Devesh Kodnani noted in the report.