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The rise of artificial intelligence (AI) coincides with a sharp deterioration in initial earnings and employment for graduates of the college majors most exposed to the technology, according to a new study.
Since the release of ChatGPT in late 2022, graduates in the 10 percent of majors most exposed to AI saw their likelihood of finding a job shortly after graduation fall by 5 percentage points, according to a working paper published by the U.S. Census Bureau’s Center for Economic Studies on Sept. 10.
Their initial quarterly earnings also fell by about 13 percent relative to graduates in fields less exposed to AI, according to the findings….
Since the release of ChatGPT in late 2022, graduates in the 10 percent of majors most exposed to AI saw their likelihood of finding a job shortly after graduation fall by 5 percentage points, according to a working paper published by the U.S. Census Bureau’s Center for Economic Studies on Sept. 10.
Their initial quarterly earnings also fell by about 13 percent relative to graduates in fields less exposed to AI, according to the findings….
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