🚨 AI may already be cutting entry level tech jobs:
New research has shown that tech companies hired 25% less college grads in 2024 and recruitment decreased by 11%.
Anthropic CEO predicts AI will eliminate 50% of entry-level white-collar jobs within the next one to five years. This suggests a rapid and significant shift in the job market as AI automates many tasks currently performed by new professionals.
Impact of AI on White-Collar Jobs
1. AI could potentially wipe out half of entry-level white-collar jobs.
2. There is a risk that AI advancements may lead to a recession.
3. An industry expert sees signs of job losses in the tech sector due to AI.
AI will replace entry level jobs in the next 12-24 months. So if you're seeking a job, you should be equivalent to a mid level (at least) or senior level in order to get into the job market.