Despite widespread fears of AI-driven job losses, current US labor market data shows no large-scale disruption, with unemployment in AI-exposed occupations actually lower than in less-exposed ones. The clearest impact so far is a decline in entry-level jobs for workers aged 22–25 in fields like software development, likely because their more codified, task-based skills are easier to automate than the tacit experience of older colleagues. Economists caution that while significant disruption may eventually come, the key uncertainty is its speed, and better data collection is urgently needed to prepare workers and policymakers for the transition.
