Exploring the Impact of Generative AI on the Labor Market
In a groundbreaking study, we delve into the shifts in the labor market influenced by generative artificial intelligence. Utilizing high-frequency data from a leading U.S. payroll provider, we unveil six key insights:
- Employment Declines: Early-career workers (ages 22-25) in AI-exposed fields have seen a 13% drop in employment since the rise of generative AI.
- Stable Growth for Others: Workers in less exposed roles and more experienced colleagues enjoy stable or growing employment.
- Focus on Automation: Employment declines are predominantly in jobs where AI is poised to automate rather than augment human tasks.
These findings shed light on the ongoing AI revolution’s impact on entry-level jobs.
Join us on September 29, 2025, for a seminar featuring co-author Bharat Chandar, as we discuss these important findings. Let’s engage in shaping our future!
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