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Australia's central bank finds AI hitting young workers first, especially in software and customer service

Australia's central bank sees early signs that AI is hitting young entry-level workers in highly exposed jobs like software development and customer service. Since ChatGPT launched, job postings and employment among 15- to 24-year-olds in those fields have dropped more sharply than among older workers. Author Mike Major cautions against jumping to conclusions, however, noting that business cycle shifts and remote work trends could also explain the numbers.

By The Decoder

Excerpt shared by Lazyfounder

·Excerpt
Australia's central bank finds AI hitting young workers first, especially in software and customer service
Image: In jobs with high potential AI exposure (quintile 5), employment among young people has declined since late 2022, while employment among older workers has risen. | Source: Reserve Bank of Australia (RBA)

AI has barely displaced any jobs in Australia so far, but young…

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