Experts predict that while AI may displace some entry-level roles, it could also create new jobs in AI management and development, emphasizing the need for skill adaptation among young workers.

Public reactions reflect a mix of anxiety about job security and optimism about potential opportunities in an AI-driven economy, highlighting the importance of policy interventions for workforce support.

The UK has experienced a dramatic decline in entry-level jobs, with vacancies dropping by 32% since the launch of ChatGPT in November 2022, significantly impacting school leavers and graduates.

This decline is largely attributed to businesses increasingly adopting AI technologies to enhance efficiency and reduce workforce costs, leading to potential job cuts.

As companies automate routine tasks such as customer service and data entry, the need for entry-level roles diminishes, making it challenging for inexperienced workers to enter the labor market.

Indeed, the job market for university graduates is facing significant challenges, with roles for recent graduates falling by 33% compared to the previous year, marking the weakest market since 2018.

Despite some resilience in the overall job market, the loss of entry-level positions raises concerns about young workers' employment prospects and career growth.

Economic factors, including rising employer costs and changes to workers' rights, are further contributing to the decline of entry-level roles, making companies more risk-averse in hiring.

The International Monetary Fund estimates that 60% of jobs in advanced economies are exposed to AI, with half of these jobs likely to be negatively affected.

Companies like BT are already planning significant workforce reductions, with the potential to cut 40,000 to 55,000 jobs due to advancements in AI.

This decline in entry-level jobs may exacerbate socioeconomic inequalities, particularly affecting young workers from marginalized backgrounds who struggle to secure their first employment opportunities.

To enhance their employability, graduates are advised to emphasize skills that AI cannot replicate, such as interpersonal skills and creative thinking.