Stanford’s Digital Economy Lab is out with a new paper, analyzing the effect of AI on the early-career job market based on a huge dataset from the largest payroll provider in the US:
“We find that since the widespread adoption of generative AI, early-career workers (ages 22-25) in the most AI-exposed occupations have experienced a 13 percent relative decline in employment even after controlling for firm-level shocks.”
Not all is lost, though:
“In contrast, employment for workers in less exposed fields and more experienced workers in the same occupations has remained stable or continued to grow.”
