There's been lots of speculation around if AI hype will actually materialize into real job displacement but this study from nov 2025 pretty definitetively shows we are in the beginning stages of it.
https://digitaleconomy.stanford.edu/app/uploads/2025/11/CanariesintheCoalMine_Nov25.pdf
>Early-career workers(ages 22-25) in AI-exposed occupations experienced 16% relative employment declines, controlling for firm-level shocks, while employment for experienced workers remained stable
so basically the only group still experiencing headcount growth are mid-career professionals 35+.
22-25 are declining, and 26-34 are stagnating and likely to start declining as well.
And keep in mind publicly available AI only just came out in 2022, and yet this level of displacement has already started, You don't need some futuristic level AGI or something like that, its already happening. This also can't be explained by tarriffs or general business uncertainty as well, because the GDP growth is up 4% and the study controls for firm level shocks. If you're in a white collar profession, especially if entry level, hold onto your job for dear life and hoard savings.