The broad - scale adoption of ChatGPT has, so far, failed to trigger a substantial upheaval in the U.S. job market. This conclusion runs counter to the opinions of corporate executives and leaders of tech companies, who assert that AI is fundamentally transforming the labor landscape.
Economists from the Yale Budget Lab and the Brookings Institution think tank have discovered that since OpenAI introduced ChatGPT in November 2022, the influence of generative AI on employment has not markedly surpassed that of previous technological leaps. Although AI technology has been advancing at a rapid pace, its present effect on the overall job market is still relatively contained, and there has been no widespread displacement of jobs.