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AI and Labor Markets: What We Know and Don't Know - Stanford Digital Economy Lab

digitaleconomy.stanford.edu

Dr. Bharat Chandar shares his perspective on the current state of knowledge of artificial intelligence and labor.

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AI-related layoffs often hit entry-level roles, young workers

Though official US jobs data for October was missing because of the recent government shutdown, private firms see AI-related layoffs taking a toll on the workforce.

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A Tale of Two Job Markets

It was the best of times. It was the worst of times. That, I think, is how you’d have to summarize the state of the software engineering job market right now. Everyone keeps saying AI is eating the entry-level rungs of the ladder. (I said it back in early 2024!) And to show just how confusing things are, I want to put two seemingly contradictory pieces of data side by side.