AI's threat to entry-level jobs is real, per new Stanford study

AI is dimming job prospects for less-experienced workers, according to a first-of-its-kind Stanford study.

Why it matters: There's been significant anecdotal evidence of an AI-related slowdown in hiring for certain jobs, but new data shows a real and measurable impact for entry-level workers.

Driving the news: Using ADP payroll data, Stanford researchers found that employment for younger workers (ages 22–25) in AI-impacted jobs — like software development and customer support — has dropped by 16% since late 2022. • "There's definitely evidence that AI is beginning to have a big effect," economist and Stanford professor Erik Brynjolfsson told Axios. • What's notable is the speed with which the job impact has gone from theoretical to real and significant. "This is the fastest, broadest