Researcher ORCID Identifier
0009-0000-5229-9698
Graduation Year
2024
Document Type
Open Access Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Roberto Pedace
Reader 2
Winston Ou
Terms of Use & License Information
Rights Information
© 2024 Larkin C Barnard-Bahn
Abstract
As the abilities of Artificial Intelligence (AI) grow, automation anxiety (the fear of being replaced by technology) has plagued the workforce—especially after the launch of the advanced Generative AI tool ChatGPT. To avoid structural unemployment, workers may need to invest in developing skills not easily replaced by AI. Some scholars argue that AI is less able to replicate soft skills than hard skills, but the literature lacks studies that indicate a causal effect across industries and occupations. This paper investigates how the public release of ChatGPT has influenced the demand for soft skills relative to hard skills in the U.S. job market. Analyzing 342,213 Indeed job listings from January 2019 to December 2023, the regression controls for role, company, industry, and macroeconomic factors. The findings suggest a statistically significant, positive effect of ChatGPT’s release on the relative demand for soft skills.
Recommended Citation
Barnard-Bahn, Larkin, "Decoding Job Market Trends: ChatGPT’s Influence on Soft and Hard Skill Demands" (2024). Scripps Senior Theses. 2414.
https://scholarship.claremont.edu/scripps_theses/2414