The Young Are Being Battered by AI as Hiring Shifts to Older Workers
Ah, the young are getting a proper kicking from AI, and the suits are cheering from the sidelines. A survey reveals that the share of CEOs planning to reduce junior roles over the next year or two has doubled to 43% — because nothing says 'innovation' like firing the kids who can't even afford a house. Meanwhile, 30% are shifting hiring to mid-level roles, up from 10% last year, proving that the only thing AI can't replace is someone already entrenched with a mortgage and a pension plan.
Let's be honest: this isn't about efficiency. It's about cost-cutting dressed up as strategic evolution. Why pay a junior to learn the trade when a chatbot can spit out passable code and a mid-level can clean up the mess? The 'experience gap' is now a 'we don't need you, go retrain' chasm. And the CEOs? They're thrilled — 43% of them, at least — because nothing boosts quarterly numbers like slashing the salary of a 24-year-old who still uses TikTok.
But don't worry, the young are resilient. They'll just pivot into the booming field of gig economy app development or, failing that, become content creators documenting their homelessness. The future is bright, provided you're over 40 and already holding a senior title. For everyone else, there's always the warm embrace of unemployment statistics. Cheers.