Stanford Study Exposes AIās Savage Entry-Level Job Massacre
Stanford's economist Erik Brynjolfsson just dropped the mic on AI, revealing a 16% job nosedive for 22-to-25-year-olds in software development and customer support since late 2022. Using ADP payroll data, his team found AI isnāt merely theoretical anymoreāit's the career Grim Reaper for rookies faster than COVID remote work upheavals. Older workers still hold their fort, boasting 'tacit knowledge' AI clumsily cocks up. The irony? AI shares grads' book smarts but zero hustle. Brynjolfsson warns this early wave might be the canary in the coal mineāa $trillion-dollar question facing future hires as bosses either embrace AI sidekicks or replace flesh-and-blood humans.
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Source: Axios | Published: 8/26/2025 | Author: Ina Fried