AI is dimming job prospects for less-experienced workers, according to a first-of-its-kind Stanford study. 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. 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 change that I’ve seen,” he said, noting the only comparable shift was the one to remote work amid the COVID-19 pandemic. Yes, but: Older workers and those in other fields aren’t seeing a measurable hit to job prospects. Brynjolfsson said that the disparate impact may stem from the fact that AI, like recent college graduates, has more book knowledge than on-the-job experience.

Full report : AI Is Eliminating Jobs for Inexperienced Young Freshers.