The Future of GenAI: Job Scarcity for an Entire Generation

Children as young as eight are using AI tools like ChatGPT, which raises concerns for their future in the job market. As they approach 18, they’re likely to encounter a workforce where AI isn’t merely a tool but a competitor. Some experts warn that generative AI may eliminate up to 50% of entry-level jobs within five years, contributing to a concerning rise in unemployment among young graduates. A survey indicates that over half of Gen Z fears AI might adversely affect their careers, with entry-level positions disappearing due to automation. Yet, this generation demonstrates adaptability: they often seek AI assistance over human support and embrace it as a coworker. However, disparities in access to AI tools highlight educational inequalities. While the World Economic Forum forecasts millions of new jobs by 2030, these positions will differ significantly from traditional roles, making it unclear whether young workers will benefit in a landscape reshaped by AI.

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