1443 ET - After the 2022 release of ChatGPT, recent graduates from more-exposed majors to AI at Texas universities experiences a 1.7 percentage point drop in the probability of finding employment in Texas within a year of graduating relative to graduates from less-exposed majors, an analysis from the Dallas Fed finds. "Students from more-exposed majors who found jobs after 2022 earned 5 percent lower wages relative to earnings changes for less-exposed majors," the analysis says.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.