New Paper Finds Evidence That AI Is Already Killing the Job Market

Futurism ^ | Aug 30, 2025 | Joe Wilkins

[anthropocene_x]

A recent survey of AI and labor data by a team of researchers at Stanford's Digital Economy Lab uncovered some of the first comprehensive evidence that the AI industry really is throwing the job market into flux. The scholars compiled three years of payroll records on millions of US workers at tens of thousands of businesses, allowing them to identify long-term trends according to jobs and age groups. Their first finding was a dramatic decline in employment for entry-level knowledge workers aged 22 to 25 years old, whose occupations are at the highest theoretical risk for automation — a metric called "AI exposure." These are workers in office gigs whose day-to-day tasks have a lot of crossover with AI functions, like software engineers, service workers, and marketing professionals.

[cowboyusa]

Panican, go whet your bed.

[Chickensoup]

What kind of industry?

The ai development I am seeing just ain’t working.

[Danie_2023]

“”The WINNERS are those that know which end of a screwdriver to hold.””

Right. The manual labor, skilled jobs that AI can’t do, but that must be done. Most of the nitwits with the worthless degrees will be on welfare or homeless within a decade, I’m betting.

[Chickensoup]

Only if there is a middle class that is working to afford houses

[TexasGator]

“The ai development I am seeing just ain’t working.”

How is it not working?

[Theoria]

Men hardest hit via tech. Service related, women are staying ahead via nursing, etc.

Pretty amazing our government is speeding up and subsidizing the AI development to eradicate inefficient human labor in certain areas.

There is a shift in the economy that people cannot comprehend. The human aspect of work will be phased out in many sectors. Why do you think tech bros aligned with Trump? The advancements in tech is so fast that many areas of human work will be lessened.

Deflation is coming to wages and other areas. That is point of the billions and billions in spending by companies to tech advancements; eliminate costs and the human edge in work.

We have our government joining forces with powerful groups that want to eliminate the human inefficiency, good luck.

[Pikachu_Dad]

So the new screwdriving robots ?!?

[Chickensoup]

People are saying that the system solutions degrade. Not my expertise but hearing frustration.

[TexasGator]

“People are saying that the system solutions degrade.”

Some people said something?

[grey_whiskers]

Then in a year or two, they will realize that AI wasn’t all it was cracked up to be, and they will scramble to hire people again.

Mostly from India.

Because cost savings.

Because "Smart Business"

(Leaving unstated why the AI, which was also "cost savings" and "smart business" failed so badly.

And wny any of the malignant narcissist CEOs who pushed AI are still employed, or were given large golden parachutes on their way out the door.

[Brian Griffin]

AI, tell me how to put the Soviet Union back together.

[TexasGator]

“(Leaving unstated why the AI, which was also “cost savings” and “smart business” failed so badly.”

Because you can’t?

[Brian Griffin]

AI CEO, your cheaper alternative.

[TexasGator]

“AI, tell me how to put the Soviet Union back together.”

First, take Ukraine.

[fuzzylogic]

But there’s 100x more software that needs to be written...so still a shortage, AI is a tool, nothing more.

[grey_whiskers]

The tech companies have spent almost $500 billion on AI infrastructure in the last year and a half.

They have AI revenues of about $40 billion.

Troll.

[zeestephen]

Re: "Employment for entry-level knowledge workers aged 22 to 25 years old..."

That same group is the most exposed to completely legal competition from roughly 1 million H1B and OPT foreign workers!

The average American college student is about to re-think borrowing $100,000 for a four year Bachelors degree.

[TexasGator]

“They have AI revenues of about $40 billion.”

Revenues expected to exceed $3.68 trillion by 2034.

[Bulwyf]

I guess my trade of infantry/electrician/instrumentation is safe. I don’t do any of that anymore, but it’ll be ok for a bit anyways.

[grey_whiskers]

Promises, promises.

Right now they’re ~$400 billion in the hole.

And they have to update the chipsets periodically so that their competitors don’t suddenly have much better performance than them.

And the electricity and water costs will not magically disappear.