Time saved by AI offset by new work created, study suggests

A new study analyzing the Danish labor market in 2023 and 2024 suggests that generative AI models like ChatGPT have had almost no significant impact on overall wages or employment yet, despite rapid adoption in some workplaces. The findings, detailed in a working paper by economists from the University of Chicago and the University of Copenhagen, provide an early, large-scale empirical look at AI’s transformative potential.