Entry-level employment in AI-exposed occupations has decreased by 14% compared to the pre-ChatGPT era.
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High-skilled, experienced workers are being forced into 'voluntary retirement' because their skills' cost-effectiveness is lower than AI's.
High-skilled, experienced workers are seeing their accumulated expertise undermined by AI.
Headlines in the last two years suggest programmers are being laid off, junior developers struggle to find work, and tech companies are freezing hiring because one AI tool can now do the work of a dozen entry-level engineers.
Since 2023, when generative AI began to be widely used, job postings for roles like office assistants and accounting clerks at small and medium-sized enterprises (SMEs) on the Ministry of Employment and Labor's 'Employment 24' platform have sharply decreased.
Long-term employees, including company executives, are being forced out of their positions due to AI's cost-effectiveness.