Young People Are Falling Behind, but Not Because of AI
The job market for young people is brutal. Is AI to blame? ChatGPT was released in late 2022. Since then, the unemployment rate for recent college graduates has shot up to near 6 percent, its highest level in more than a decade, setting aside the 2020 pandemic spike. That’s true even though the overall unemployment rate is about 4 percent. Many observers have interpreted these data as...
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