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Generative AI's economics hollow out entry-level creative work faster than any downturn in decades

Apricitas Economics via Hacker News, Oct 24 · read the original

An analysis of federal labor data finds the US creative sector has lost more than 200,000 jobs since generative AI's debut, concentrated in film, TV and publishing, a decline one economist calls comparable only to the 2001 and 2008 recessions, this time with no broader downturn behind it.

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