30 Jun , 16:58
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Labor market under attack: ChatGPT "eats up" a third of entry-level vacancies
According to shocking data from The Times, since the appearance of the revolutionary chatbot ChatGPT in November 2022, the job market for beginning specialists has experienced a dramatic reduction - the number of entry-level vacancies has decreased by almost a third. This is happening in conditions where companies are actively declaring their intentions to use artificial intelligence to optimize personnel.
A study by the popular job search service Adzuna, referenced by The Times, revealed a frightening trend: offers for interns, graduates, and junior specialists without a diploma have plummeted by as much as 31.9%. In the overall structure of the labor market, the share of such positions has decreased by almost 4% compared to 2022 figures, now accounting for only a quarter of all vacancies.
A vivid illustration of this trend is the British telecommunications giant BT, which in May 2023 announced large-scale plans to replace 10,000 employees with artificial intelligence systems by the end of the decade. Positions related to call processing and network diagnostics were the first to be hit. BT's CEO Allison Kirkby does not rule out that further improvement of AI could lead to even more extensive cuts.
Expert forecasts paint an even grimmer picture of the future. The head of the promising AI startup Anthropic, Dario Amodei, is sounding the alarm: in the next five years, artificial intelligence technologies could eliminate half of all entry-level office positions. According to his calculations, this could drive the global unemployment rate up by a catastrophic 20%.
