A recent report suggests that artificial intelligence (AI) might be slowing wage growth in certain U.S. jobs rather than simply replacing workers. According to a study by Apollo Global Management, since 2023, real wage growth in occupations most exposed to AI has been about 6.7 percentage points lower compared to jobs with less exposure. Despite this, employment levels in these high-exposure roles have not significantly declined. This implies that while AI may not be directly cutting jobs, it could be affecting how much workers earn. The report defines "highly exposed" occupations as those where at least half of the job's tasks can be performed by AI tools, based on earlier research by Anthropic, an AI company. According to the study, around 5.8 million U.S. workers—approximately 3.7% of the labor force—are in such roles. The findings suggest that companies are benefiting from AI’s efficiency gains by compressing wages, meaning they are not reducing the number of workers but instead paying them less. This trend could exacerbate income inequality and affect overall living standards. The analysis also estimates that the impact of wage compression due to AI could result in about $28 billion in lost annual labor income. However, the report notes that this figure might be on the lower side, as it does not account for all potential effects. The study underscores the need for government action and policy development to support workers affected by these changes and to ensure a smoother transition in the labor market. Experts argue that without proper interventions, the economic benefits of AI could be unevenly distributed, leaving many workers behind. Policymakers are being urged to consider strategies such as retraining programs, wage protections, and targeted support to help workers adapt to a changing job market. The report serves as a call to action for addressing the broader social and economic implications of AI integration in the workplace.