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Business · 22 July 2026

AI already cutting jobs for young people in finance and tech

AI already cutting jobs for young people in finance and tech

Image by hryshchyshen on Freepik

AI tools are increasingly able to do complex tasks that used to take humans hours, like coding and financial analysis. A Stanford University study found that employment for 22 to 25-year-olds has dropped by 2.7% since ChatGPT became widely used. Employment in highly exposed sectors rose to 12.8%, though some economists disagree on the cause.

Reported by BBC · How we write briefs

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