Interesting Reads This Week

Ladders, rungs, and scaffolds

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It’s the season when every cooking magazine I subscribe to (and I subscribe to all of them) is filled with Thanksgiving recipes. I dislike Thanksgiving food for the most part, unless my family lets me make Samin Nosrat’s buttermilk-brined, spatchcocked turkey. They don’t, of course, because it’s apparently traditional to serve dry, tasteless roast meat that takes hours to cook. So, I’m cranky. [ed. Come to Arizona - I’ve got you covered]

But what did I read this week?

The vanishing first rung

A while back, I wrote about reports showing that hiring of new graduates was down in certain industries. A recent report from the UK-based BSI Group provides additional evidence of how AI is impacting the job market for new graduates.

Input from 850 business leaders across eight countries highlights how the growing emphasis on adopting AI is influencing hiring practices, particularly at the junior level.

This [replacement of jobs with AI] is most apparent at the start of the career ladder, where a strikingly high proportion (39%) say junior / entry level roles in their organization have already been reduced or cut due to efficiencies made by AI. This can include using AI to conduct research, admin and briefing tasks. And a further 43% expect to reduce junior roles / entry level (either by cutting jobs or reducing recruitment for new starters) due to these efficiencies in the next year.

Image showing 43% of business leaders expect to reduce hiring for junior roles next year

The extent of this trend varies considerably across countries. In China, 61% of businesses say they plan to reduce junior or entry-level roles because of AI, with Australia close behind at 57%.

Image showing that 61% of Chinese business leaders expect to reduce hiring in junior roles next year

The UK itself comes in a lot lower at 38% reporting reducing junior hiring.

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