![The Short-Term Effects of Generative Artificial Intelligence on Employment: Evidence from an Online Labor Market](/images/GohYSS4FRU0edvVOM6Cv32EJ5Hg=/2064/max-650x650/Screenshot_2024-02-14_at_16.03.36.png)
- Date published:
- August 2023
- Organisation:
- Center for Economic Studies and ifo Institute (CESifo)
- Authors:
- Hui, Xiang Reshef, Oren Zhou, Luofeng
- Sectors:
- General
- Themes:
- AI
Generative Artificial Intelligence (AI) holds the potential to either complement knowledge workers by increasing their productivity or substitute them entirely. The research examine the short-term effects of the recent release of the large language model (LLM), ChatGPT, on the employment outcomes of freelancers on a large online platform. It finds that freelancers in highly affected occupations suffer from the introduction of generative AI, experiencing reductions in both employment and earnings.