WorkThe story, in brief
US programmer job growth nearly halved since ChatGPT launched, Fed study finds
US programmer job growth cut in half since ChatGPT. The Fed just quantified what tech leaders feared.
The KeyNews take
Why it matters
A Federal Reserve study provides empirical evidence that generative AI is materially impacting software engineer employment trends—critical data for founders, investors, and talent strategy discussions.
The key facts
4 to knowUS programmer job growth nearly halved post-ChatGPT launch
Federal Reserve Board conducted the study
Programmers identified as one of the professional groups most affected by generative AI
Data reflects employment impact of AI on workforce displacement
Go to the source
The Decoderthe-decoder.com
Publisher excerpt: Programmers are among the professional groups whose everyday lives have changed the most as a result of generative AI. A new study by the Federal Reserve Board now provides evidence that this is also reflected in employment figures.