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US programmer job growth nearly halved since ChatGPT launched, Fed study finds

TL;DR AI

Key summary

2 min read
  1. A Federal Reserve study found U.S. job growth in programming-heavy roles has nearly halved since ChatGPT launched.

  2. The slowdown remains after adjusting for broader tech weakness, with the sharpest decline in contract software and IT services jobs.

  3. Wages have not clearly fallen, and job postings have recently stabilized, but hiring patterns appear to be shifting.

  4. The findings suggest generative AI may already be affecting one of the white-collar fields most exposed to automation.

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