The number of opportunities for work for young professionals in AI-affected sectors in the US has fallen by 13% over the past three years, according to a report from the Stanford Digital Economy Lab. Researchers warned that smart technologies quickly reform career perspectives for entry -level employees.
This figure contributes to growing concerns that recent graduates have difficulty finding work in fields that shrink as a result of automation. The reportCanaries in the coal mine? Six facts about the recent employment effects of artificial intelligence warns that these early signs can indicate broader disruptions of the labor market as the AI acceptance accelerates.
The study identifies software development, customer service, accounting and administrative support as the most affected industries.
The impact is particularly strong among employees aged 22 to 25, with employment in these roles that have fallen by 6% since the end of 2022. Software developers at entry level are the hardest, with a decrease of 20% in vacancies for their age group.
On the other hand, more senior employees seem to be less affected. In the four most vulnerable industries, employment among older employees has increased by 6-9% since 2022.
In the meantime, less exposed to AI-driven automation, such as logistics, maintenance and other hands-on fields, the number of entry positions for young employees has grown by 6-13%in sectors.
The report also emphasizes that employment decreases among young professionals in roles where AI mainly automates tasks, while growth takes place in professions where it plays a more supporting role.
Researchers investigated whether other economic factors could explain these shifts, but concluded that AI-driven automation is the primary culprit that stimulates the trend.
At the end of 2022, these changes became the most striking, coinciding with the rapid rise of generative AI tools. The public launch of Chatgpt in November of that year meant a turning point, according to the study, and is seen as an important engine of recent adjustments on the labor market.
The report is based on data from ADP, the largest salary advice software provider in the US, who follows millions of employees in various tens of thousands of companies.
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