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AI Isn't Putting People Out of Work yet—Changes Are Happening at Roughly the Same Pace as Other Technological Breakthroughs.
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Despite job seekers' fears and CEOs' loud claims about increased productivity, AI has not become the primary cause of the labor market crisis. An analysis by the Yale Budget Lab found that since the release of ChatGPT in 2022, AI's impact on employment in the US has been modest. The technology is changing the nature of work rather than destroying jobs, Business Insider reports.
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