

This study controls for the post-COVID hiring spike in three ways: the researchers generated results without including the tech sector, they separated out remote work, and compared trends from 2018-2022 to those after. The hypothesis holds in all cases. The primary regression analysis also included a standard set of controls for hiring trends (such as interest rate fluctuation).
There’s enough here to find a negative correlation between generative AI and entry-level employment.

Slightly different? Comparing a dead simple plot of employment vs. the performance of the S&P to a DID Poisson regression event study is the coughing baby vs. hydrogen bomb meme.
This Stanford study is just one in a very active field of economic research, so it’s reasonable to be skeptical, but I really hope you don’t think people make decisions based on the kind of thing in that Tiktok video.