A new Axios analysis finds that, contrary to widespread fears of an AI-driven job apocalypse, AI is currently associated with net job and wage growth in the U.S. labor market, especially in occupations most exposed to the technology, where real wages rose faster from 2023 to 2025 than in other roles and job gains were stronger too. This pattern suggests that AI may be reshaping work by boosting productivity and creating demand for new tasks rather than simply eliminating roles, though overall job growth has slowed amid broader economic weakness. At the same time, traditional tech jobs are facing layoffs and slower hiring, and the precise long-term impacts of AI on employment remain uncertain, driven by broader forces as well as automation trends. Experts caution that this snapshot reflects early stages of the transition, not guaranteed future outcomes.
