The European Central Bank (ECB) has published research indicating that the widespread use of artificial intelligence (AI) might lead to a decline in wages. However, as of now, AI is actually generating jobs rather than eliminating them, especially for the young and highly-skilled workforce. Companies are heavily investing in AI, leaving economists puzzled about its impact on the job market. While employers are struggling to find qualified workers, the adoption of AI has expanded employment opportunities for highly-skilled individuals. Although earnings might be neutral or slightly negative, the long-term effects of AI on employment, wages, growth, and equality remain uncertain and require further examination.