Graph showing employment decline among young workers due to AI automation.
AI is having ‘a significant and disproportionate’ effect on young workers’ job prospects, Stanford study finds -- Workers aged 22-25 in the most AI-exposed fields have seen a 13% relative decline in employment | AI News Digest
A recent Stanford study reveals that young workers aged 22-25 in AI-exposed fields have experienced a 13% decline in employment since late 2022. The research indicates that this decline is concentrated in jobs where AI is likely to automate tasks rather than augment human labor. While older workers and those in less exposed fields have seen stable or growing employment, entry-level positions, particularly in software engineering and customer service, have been significantly affected. This trend has led some younger workers to pivot towards blue-collar jobs in response to fears of job instability. The findings highlight the urgent need to address the challenges posed by AI in the labor market.
