"Goldman Sachs found that 25,000 jobs per month had been lost to AI over the past year, while only 9,000 per month were augmented, meaning workers using AI to be more productive."
"The brunt of these job losses is falling on entry-level roles such as data entry, customer service, admin, and help desk, leading to higher rates of layoffs."
"College students seeking entry-level work are facing an increase in the level of knowledge required, with more technical roles replacing traditional assistant positions."
"The job market is experiencing a pullback in hiring and workforce size in the tech industry, which could be the largest decline in total jobs in the sector since 2023."
Artificial intelligence is reportedly eliminating around 16,000 jobs monthly in the U.S., with 25,000 jobs lost and only 9,000 augmented. Entry-level roles, particularly in data entry and customer service, are most affected. College students face increased knowledge requirements for entry-level positions, but their tech-savviness may help them transition to mid-level roles. Gen Z and women are disproportionately impacted due to their representation in administrative roles. The tech industry is experiencing significant job cuts, with major firms announcing layoffs for 2025 and 2026.
Read at TechRepublic
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