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Brynjolfsson

2 GoKawiil briefs on this topic

Stanford study finds AI cutting entry-level hiring, not overall jobs

Researchers from Stanford, including Erik Brynjolfsson, analyzed labor data and found that since 2022, employment among 22-to-25-year-olds in the most AI-exposed occupations has dropped about 11 percent, while it rose 10 percent in the least-exposed fields. Economy-wide, however, employment differences between AI-affected and unaffected jobs were minimal, suggesting the disruption is concentrated among young, entry-level workers.

Stanford's Brynjolfsson Walks Back Warnings of AI-Driven Job Collapse

Stanford economist Erik Brynjolfsson, working with the Digital Economy Lab, now says there is no evidence of economy-wide job losses from AI, though entry-level positions remain vulnerable. His updated research finds productivity growth accelerating instead, with nonfarm business productivity rising over 2% annually, the strongest pace since the late 1990s.