U.S. — Ramp and Revelio Labs released a report detailing enterprise artificial intelligence (AI) spending and its impact on employment, analyzing workforce records from nearly 22,000 companies. The report indicates that high-intensity AI adopters experienced a 10.2% increase in headcount, which contrasts with predictions of widespread AI-driven job losses.
High-intensity AI adopters were defined as firms that spent an average of $30 per employee per month on AI during the initial three months of adoption. The report stated, "For software and technology firms, AI can make core output cheaper or faster to produce: writing code, debugging, building internal tools, producing technical documentation, and supporting product development." It added, "Lower production costs in these workflows can raise the return to expanding the whole firm, not just the engineering team."
Among these high-intensity adopters, headcount increased across various roles, including engineering, sales, administration, customer service, finance, marketing, and scientist positions. The information sector, which includes internet, software, media, and tech-adjacent businesses, showed the most substantial job growth within this group. Entry-level headcount in tech-forward firms rose by 12%.
The report's authors stated, "This paper does not show that AI universally creates jobs, but it does counter claims that AI will lead to broad job losses." They also noted, "Firms without those channels may fall behind." Companies that engaged in AI subscription purchases and pilot programs without sustained investment did not generally see similar gains in headcount.
Through May 2026, approximately 90,000 job cuts were announced in connection with AI. Some projections estimate that up to 15% of U.S. jobs could be eliminated by AI over the next five years. Goldman Sachs research indicated that AI resulted in approximately 16,000 net job eliminations per month over the past year. According to Goldman Sachs, Gen Z and entry-level workers constituted the majority of these net jobs eliminated by AI.
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