Large Language Models, Small Labor Market Effects | NBER We examine the labor market effects of AI chatbots using two large-scale adoption surveys (late 2023 and 2024) covering 11 exposed occupations (25,000 workers, 7,000 workplaces), linked to matched employer-employee data in Denmark
Time saved by AI offset by new work created, study suggests In "Large Language Models, Small Labor Market Effects," economists Anders Humlum and Emilie Vestergaard focused specifically on the impact of AI chatbots across 11 occupations often considered
Large Language Models, Small Labor Market Effects Large Language Models, Small Labor Market Effects∗ Anders Humlum† Emilie Vestergaard‡ April 15, 2025 Abstract We examine the labor market effects of AI chatbots using two large-scale adoption surveys (late 2023 and 2024) covering 11 exposed occupations (25,000 workers, 7,000 workplaces), linked to matched employer-employee data in Denmark
Measuring Labor Market Match Quality with Large Language Models We propose a novel method to assess labor market match quality using large language models (LLMs) Our approach tasks LLMs with the role of a human resources specialist to evaluate the fit between an applicant and a job Our study consists of two parts
Large Language Models, Small Labor Market Effects - SSRN We examine the labor market effects of AI chatbots using two large-scale adoption surveys (late 2023 and 2024) covering 11 exposed occupations (25,000 workers, 7,000 workplaces), linked to matched employer-employee data in Denmark
GPTs are GPTs: An Early Look at the Labor Market Impact Potential of . . . Are people developing new technologies that are only made possible by LLMs? On average, 14% of tasks within a given occupation are exposed to a doubling of productivity from using ChatGPT alone, and 46%-55% could get this productivity boost assuming full integration of LLMs with complementary software