AI is hitting entry-level jobs hardest, Stanford study finds
Summary
A new Stanford study shows that entry-level jobs for young adults are shrinking in fields where artificial intelligence (AI) can replace human work. While older workers keep their jobs, workers aged 22 to 25 face fewer hiring opportunities in jobs more affected by AI.Key Facts
- The study updates earlier research with new data, focusing on how AI affects jobs across the economy.
- Jobs for workers aged 22 to 25 in AI-affected fields fell by 19% compared to peers in less AI-impacted fields, up from 13% last year.
- Overall employment differences across AI-impacted and less-impacted fields are small, except for young workers.
- Younger workers see fewer hires in AI-impacted jobs since 2022, not more firings or quits.
- Pay rates have not fallen significantly for affected workers; the main effect is fewer job openings.
- Researchers used payroll data from the company ADP and AI usage data from Anthropic and Google.
- AI impacts jobs differently: some roles are fully replaceable by AI, while others are helped but still require humans.
- Examples of AI-affected roles include accountants, auditors, receptionists, and information clerks.
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