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No, These New Studies Don't Show an AI Jobs Apocalypse Is Coming
Jack Nicastro | 8.27.2025 4:05 PM
The artificial intelligence (AI) age is upon us and, as is the case with every disruptive technology, it is accompanied by doomsayers who fear it will irreparably harm society. "For Some Recent Graduates, the A.I. Job Apocalypse May Already Be Here," The New York Times recently warned in a recent headline. "There Is Now Clearer Evidence AI Is Wrecking Young Americans' Job Prospects," read another headline in The Wall Street Journal. While these pessimistic headlines evoke a Philip K. Dick sci-fi dystopia, emerging data paint a brighter, more nuanced picture.
The Federal Reserve Bank of St. Louis published a report on Tuesday that explores how AI adoption is associated with unemployment, which is up to 4.2 percent according to the Bureau of Labor Statistics' dismal July jobs report.
The authors use two metrics to offer a tentative, noncausal........
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