AI Reality Check: Is AI Stealing Entry-Level Jobs?

0:00Last summer, the Wall Street Journal published an article with an alarming headline, AI is wrecking an already fragile job market for college graduates.

0:12It then goes on to say, companies have long leaned on entry-level workers to do grunt work that doubles as on-the-duty training.

0:19Now ChatGPT and other bots can do many of these chores.

0:24Now, this idea that young people are having a particularly hard time finding jobs and that this is due in part to AI soon took off and became conventional wisdom.

0:37Variations of this claim have been cited ever since.

0:40Now, look, this belief is starting to have a real impact.

0:43Just last week, Axios wrote an article that was titled, AI is Making College Students Change Majors, and it cited a survey that showed 16% of currently enrolled college students have changed their studies due to concerns about AI.

0:58That number jumps to 25% when you consider students who are studying technology, which is all to say, if you've been reading AI coverage recently, you've probably encountered these type of claims many times.