Generative AI Drives Job Losses Among Young Tech Workers

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Goldman Sachs economist Joseph Briggs reports that the rise of generative AI, such as ChatGPT, is already causing increased unemployment and reduced job opportunities for young tech workers. Early employment data show a sharp rise in joblessness among Gen Z professionals, signaling AI-driven displacement in the technology sector.[AI generated]

Why's our monitor labelling this an incident or hazard?

The article explicitly links AI to increased unemployment among young tech workers, which constitutes harm to individuals' livelihoods and economic well-being. This is a direct or indirect harm caused by AI's impact on job displacement. Therefore, this qualifies as an AI Incident under the harm category of employment-related harm.[AI generated]
AI principles
FairnessHuman wellbeingAccountability

Industries
IT infrastructure and hosting

Affected stakeholders
Workers

Harm types
Economic/Property

Severity
AI incident

Business function:
Other

AI system task:
Content generation


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