As artificial intelligence (AI) increasingly takes over entry-level tasks, recent graduates are facing a challenging job market. Connor Myers, a student at the University of Exeter, points out that major firms like Deloitte and EY have reduced their graduate recruitment by 18% and 11%, respectively. According to Adzuna, entry-level job opportunities in finance have plummeted by 50.8%, while IT services have seen a 54.8% decrease. Myers notes: “The last thing a person needs aged 21 is for an AI model to take the job they were told their degree was essential for.” The shift raises questions about the value of degrees in fields like accountancy, as AI continues to reshape the employment landscape.
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