This analysis argues that rapidly falling AI inference costs (a 280-fold decline in under two years) are driving increased enterprise AI spending, which tripled in 2025, replicating the Jevons paradox seen with coal. It reports that young workers (ages 22–25) in AI-exposed occupations have seen relative employment declines of 16% since ChatGPT's release, with new software developers down 20%, while aggregate employment remains steady. For a financial institution, this signals that labor displacement effects are concentrating in specific cohorts and geographies, creating contingent liabilities for consumer and small-business portfolios in exposed regions.
381 other tracked developments touching the same claims.