Wage information shapes important decisions: what jobs people apply for, whether they negotiate, and whether a particular career path is worth pursuing. But unlike the price of most goods, the price of labor is often hard to find and difficult to interpret—especially for workers who are early in their careers, switching fields, or moving locations.

AI is a new type of labor-market resource. Rather than requiring a worker to search across multiple websites, interpret scattered salary pages, or ask a socially risky question, a model can synthesize wage information and return a benchmark in seconds. Workers are already using ChatGPT this way, sending nearly 3 million messages per day, on average in the US, asking about wages, compensation, or earnings. READ MORE