Artificial Intelligence Is Hitting American Jobs... These Are the People Who Pay the Price
A study released by Stanford University on Tuesday showed that the widespread adoption of artificial intelligence technologies is already reshaping parts of the American labor market, with younger workers being disproportionately affected.
The study revealed that employment of software developers between the ages of 22 and 25 has declined by 20 percent since late 2022. Employment for this age group also declined by about 6 percent in jobs most vulnerable to the impact of artificial intelligence, while industries with limited AI integration saw a 9 percent increase in hiring.
The researchers noted that customer service jobs, including call centers, were among the sectors most affected by automation. Conversely, the number of older employees in fields that rely heavily on artificial intelligence has increased. The study authors concluded that artificial intelligence can mimic basic skills acquired through education, but it cannot replace experience accumulated over years of work.
The study also concluded that job exclusion is more pronounced in roles that AI can fully automate, compared to industries where the technology is limited to supporting workers, such as healthcare, which has seen employment growth across all age groups. The analysis relied on data from the American company ADP, which covers between 3.5 and 5 million full-time workers per month.
Although the results indicate a tangible impact of AI on the labor market, the researchers cautioned that other factors, such as post-pandemic labor market adjustments and economic conditions, may also have played a role. The report also noted that the data, despite covering millions of workers, does not accurately reflect the overall distribution of businesses across the US economy.
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