"Goldman Sachs economists found that AI substitution has erased roughly 25,000 jobs per month, while augmentation has added back about 9,000, resulting in a net loss of 16,000 jobs monthly."
"The unemployment rate gap between entry-level workers under 30 and experienced workers aged 31-50 has widened sharply, reflecting the structural vulnerabilities of Gen Z in the workforce."
"A one standard-deviation increase in AI substitution exposure is estimated to widen the entry-level-to-experienced wage gap by approximately 3.3 percentage points."
Research indicates that AI has led to a net loss of approximately 16,000 jobs per month in the U.S. job market over the past year. The impact is most severe on Gen Z and entry-level workers, with AI substitution eliminating around 25,000 jobs monthly, while augmentation added back about 9,000. The unemployment and wage gaps between entry-level and experienced workers have widened, reflecting the vulnerability of young workers in routine roles that AI can automate effectively.
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