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  • 1.  Measuring AI's Impact on Job Postings (Liberty Street Economics blog post; NY Fed)

    Posted 12 days ago

    Recent post from Liberty Street Economics (NY Fed) on measuring the AI's impact on job postings.

    update

    Key summary:

    • Hiring has slowed since 2022, and uneployment has increased among young workers and recent college graduates
    • The evidence from job postings suggests that while AI may be contributing to recent labor market developments, it is not the main driver of the slowdown in hiring.
    • The New York Fed's business surveys indicate that, so far, firms intend to incorporate AI mainly vie retraining, with limited effects on hiring.
    • While job postings show a relative decline in vacancies in occupations with greater exposure to AI, that divergence began before the release of ChatGPT in late 2022.
    • No divergence has been observed in labor demand between junior and senior positions within highly exposed occupations. 

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    #AI #innovationcommunity
    - Todor



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    Todor Kostov
    Director
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  • 2.  RE: Measuring AI's Impact on Job Postings (Liberty Street Economics blog post; NY Fed)

    Posted 11 days ago

    Interesting shift from OpenAI CEO Sam Altman, who now says the AI-driven "jobs apocalypse" he once warned about is unlikely to materialise at least not at the pace many expected. Speaking in May 2026, he admitted he is "delighted to be wrong," noting that AI hasn't displaced as many entry-level white-collar roles as anticipated and that the human element of work remains hard to replace.

    This raises important questions for investors and organisations navigating AI adoption. While the technology is advancing rapidly, deployment at scale and its impact on workforce structures appears more complex, gradual, and uneven than the hype suggests. At the same time, there are clear signs of change: hiring patterns are shifting, firms are reassessing roles, and some AI-driven efficiencies are already emerging across industries.

     For those focused on the future of investing, the key question is not if AI will reshape work, but how quickly and where the real value (and disruption) will show up first.


    Are we underestimating or overestimating AI's impact on the workforce and what are you seeing in practice across investment teams and organisations?



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    Aya Pariy
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  • 3.  RE: Measuring AI's Impact on Job Postings (Liberty Street Economics blog post; NY Fed)

    Posted 7 days ago

    Good post. Sometimes we forget that the ML & Data Science Revolution began in the mid 2010s thus GenAI has been simply the last straw for a dynamic job market that keeps changing.



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    Carlos Salas
    Portfolio Manager & Freelance Investment Research Consultant
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