In short
Employment among developers aged 22–25 has fallen by 19% from its peak in late 2022, while employment among older age groups has risen. Stanford attributes this to agent-based programming, rather than simply to ChatGPT.
Stanford's Digital Economy Lab analyzed ADP data on U.S. developer employment broken down by age, indexed to October 2022. The results show a clear divide across cohorts.
Even after controlling for shocks at the individual-company level, Stanford still records a 16% relative decline in employment among young workers in roles susceptible to automation via AI.
The author notes an important detail: the junior employment trend did not collapse at the moment ChatGPT was launched. It peaked a couple of months earlier, gradually declined throughout 2023, and accelerated its decline in 2024 and early 2025 — that’s exactly when coding assistants stopped autocompleting lines of code and started “closing tickets.” Agent-based programming, rather than mere chatbots, became the real driver.
That said, the overall picture does not look catastrophic:
The paradox is easily explained: junior developers make up only about 8% of the workforce, so their local downturn has almost no impact on the overall trend.
The author acknowledges that the same period included the reversal of the zero-interest-rate policy (ZIRP), Section 174 tax changes, and a post-pandemic hiring correction. Only about 4.5% of the reported layoffs in 2025 were directly attributed by companies to AI. However, Stanford’s findings hold up after controlling for shocks and interest rates, and none of the competing factors explain why the damage is so precisely concentrated among 22- to 25-year-olds in automatable roles, while their 40-year-old counterparts are thriving.