A Federal Reserve Board study reveals that US programmer job growth has nearly halved since the November 2022 launch of ChatGPT, providing empirical evidence of generative AI's impact on the labor market. The research identifies programmers as among the professional groups most affected by generative AI in their everyday work, with these changes now manifesting in employment statistics. The study marks ChatGPT's debut as a significant inflection point, documenting how the rapid adoption of AI coding assistants correlates with a sharp deceleration in programming job creation rates compared to the pre-generative AI period.
Impact of ChatGPT on Programmer Employment Growth
- ▪US programmer job growth nearly halved since ChatGPT launched
- ▪Programmers are among the professional groups whose everyday lives have changed the most as a result of generative AI
Federal Reserve Study Findings on AI and Labor Markets
- ▪The Federal Reserve Board conducted a study on the impact of generative AI on programmer employment
- ▪The Federal Reserve Board study provides evidence that changes in programmers' everyday lives due to generative AI are reflected in employment figures
Perspective of Federal Reserve Board researchers
- ▪The Federal Reserve Board study demonstrates that generative AI's impact on programmers extends beyond productivity to measurable employment effects
- ▪The ChatGPT launch serves as a clear temporal marker for analyzing generative AI's labor market effects on programming jobs
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