New post with the excellent @FutureEconJacob examining the evidence (so far) on the impact of AI on the labor market. We reviewed 20+ papers and datasets and attempted to synthesize the evidence. Our take: 1) There is no strong signal that AI has had a negative or positive impact on employment in the aggregate. 2) When looking at specific sectors and demographics, the evidence is fairly mixed. While some have argued for negative impact on AI-exposed, early career hiring, others have identified moderators such as remote work or macroeconomic trends. There is also some evidence of positive impacts as well. So has AI hit the labor market yet? When looking at the employment statistics--not really. But that does not mean that jobs are not changing significantly, and that there aren't substantial changes in what skills are becoming less relevant versus in greater demand. That's a topic for another post! Link: