AI and Employment: How Generative Technology is Reshaping the Labor Market Stanford University Study: AI Impacts Entry-Level Jobs for Young Americans Analyzing employment records from ADP, the largest US payroll provider, from late 2022 to July of this year, Stanford University researchers found that the AI revolution is impacting the US labor market, particularly entry-level workers. The study showed a significant decline in employment rates for young workers aged 22-25 in highly AI-exposed occupations (such as software development and customer service representatives). Software developer employment plummeted nearly 20% from its peak in late 2022, while older workers were unaffected. The …