Do Job Postings Show Early Labor-Market Effects of AI? - Liberty Street Economics
PushButton AI Team ·
Do Job Postings Show Early Labor-Market Effects of AI? - Liberty Street Economics
Everyone's panicking that AI is replacing their team. New Federal Reserve research says that's not actually happening yet.
Here's what that means for how you should be spending your AI budget right n
Everyone's panicking that AI is replacing their team. New Federal Reserve research says that's not actually happening yet.
Here's what that means for how you should be spending your AI budget right now.
---
That tool your team never opened? You're not alone. Most AI failures aren't about the technology. They're about buying a solution before identifying the actual problem it was supposed to solve.
---
The Fed's own labor market data shows hiring has slowed broadly, but there's no clear evidence AI is driving a wave of job replacement. Not yet, not at scale.
That's actually good news for you. It means the pressure you feel to "AI-proof" your workforce overnight is manufactured urgency, not market reality.
Your competitors aren't as far ahead as LinkedIn would have you believe. Most of them bought the same unused tool you did.
---
One practical move this week: pick your single most repetitive internal task, something your team complains about, and ask whether AI could handle just that one thing. One task. One test. No system overhaul required.
That's how real ROI starts. Not with a platform. With a problem.
---
What's the one task in your business you wish you could hand off tomorrow?
We find that, while overall hiring has slowed since then, the evidence from job postings provides little indication of a distinct AI-driven decline in ...
