A recent study conducted by Stanford University uncovers a compelling insight: Artificial Intelligence (AI) is profoundly affecting the job opportunities for young Americans, particularly in roles that generative AI can readily replace, like software development. The research, authored by three Stanford economists, reveals a notable decrease in employment rates among young Americans in highly automated positions since the introduction of ChatGPT in November 2022. Although the study has not yet undergone peer review, it underscores the significant impact AI is having on the youth labor market.