Overview

• Entry-level and customer-service positions face accelerating cuts as AI systems automate routine tasks and generative models replace human workers.
• Recent college graduates face steeper job-market challenges with bachelor’s-level employment falling sharply one year after graduation, outpacing unemployment rises among high school–educated peers.
• Tech giants including Microsoft, Meta and Intel have cut thousands of non-AI roles while wooing AI talent with unprecedented sign-on bonuses and salary packages, reaching up to $100 million in some cases.
• Employers are creating new specialist roles such as bot trainers, ethics engineers and AI security developers, triggering a surge in demand for rapid vocational retraining programs.
• Analyses indicate AI automated or augmented about 25 percent of tasks by the end of 2024, with more than 50 percent of computer and math functions vulnerable and AI capable of handling up to 80 percent of coding tasks autonomously.