AI knocks on the door of one in four jobs, BofA says

Bank of America Global Research estimates that generative AI could affect about 24% of global jobs — roughly 838 million roles — with the risk concentrated in advanced economies. The research note highlights sizeable labor-disruption potential that could accelerate corporate AI adoption while raising regulatory, policy and social-friction risks. For markets, greater AI deployment could bolster demand for technology goods and services, benefiting tech-heavy benchmarks such as the US Tech 100, but heightened concerns around job displacement and regulation introduce offsetting political and macro risks. Overall the note represents an institutional outlook that is both growth-supportive for AI-exposed tech assets and cautionary on potential societal and policy headwinds.