AI Just Killed the Graduate Job Market—Now What?

The threat of AI taking over jobs is becoming increasingly real. Amazon CEO Andy Jassy recently told employees that as AI takes on more tasks in the coming years.

In the coming years, the nature of work at Amazon will change, potentially reducing the number of corporate roles.

As we roll out more generative AI and agents, it should change the way our work is done.

We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,” he said.

This shift is beginning to put tangible pressure on undergraduate students who are already worried about their job prospects.

A report from San Francisco-based venture firm SignalFire shows that major tech companies have cut fresh graduate hiring by over 50% since 2022.

In a recent video titled The Truth About AI and Jobs, LinkedIn co-founder Reid Hoffman addressed these concerns.

Regarding AI and skills development, Hoffman said that prompting with AI tools like ChatGPT is still in a primitive stage.

For those feeling discouraged about entering the workforce with limited experience, Hoffman framed AI as a potential advantage rather than a threat.

You are generation AI. You are AI native. That makes you enormously attractive in this environment,” he said.

He made it clear that he isn’t particularly worried, as he believes AI will generate more job opportunities in the tertiary and quaternary sectors.

Other stories

eLearning Mobile App Development Practical Guide