Bharat Chandar
Stanford University
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Canaries in the Coal Mine? Six Facts about the Recent Employment Effects of Artificial Intelligence
Stanford researchers analyze ADP payroll records for 3.5 to 5 million full-time US employees through June 2026. They find no evidence of economy-wide job displacement, but employment of 22-25-year-olds in the most AI-exposed occupations is 19% below where it would be had it kept pace with less-exposed peers, mainly through reduced hiring. They call the results descriptive, not causal.