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The graph is real. The interpretation is way off, IMHO
ChatGPT is not eliminating many jobs so far. It probably will in the future.
What is eliminating jobs is the fear of a severe recession by the 493 companies in the S&P500 that aren't sucking up the oxygen like crazy.
Apple (AAPL)
Microsoft (MSFT)
Nvidia (NVDA)
Alphabet (GOOGL/GOOG) (Google's parent company)
Amazon (AMZN)
Meta Platforms (META) (Facebook's parent company)
Tesla (TSLA)
These 7 companies are over-valued like crazy, and THAT is the present AI effect. These companies have such insane valuations now that they have completely distorted the SP500 index. If you have some money in an index fund, I urge you to consider moving some of that to cash.