Is AI killing jobs? New data shows that, more than three years after the release of ChatGPT, there is no evidence for a significant impact of AI on overall employment in the UK. In our new report, we break down the labour force into different occupations and use four measures of AI exposure to determine how likely they are to be affected by the technology. Surprisingly, occupations with higher exposure to AI have grown faster than least-exposed ones, not slower. This holds across all four measures, and across two different data sources. The wage picture is different. Pay in AI-exposed occupations has lagged the rest of the labour market since 2019. But that gap opened three years before ChatGPT, which makes AI an unlikely candidate for the observed wage compression. This flattening of the wage structure is visible across the within-occupation distribution and strongest at the top quartile, which is consistent with labour market dynamics that predate generative AI.