Despite widespread predictions of AI-driven disruption, mass layoffs and a jobpocalypse for new graduates have not yet arrived, as companies struggle with effective AI adoption and recent college-grad unemployment remains comparable to prior summers. In computer science and related fields, AI is mainly automating routine tasks while shifting emphasis toward human strengths such as judgment, leadership, creativity, and directing AI systems, marking a period of transition rather than wholesale replacement. Over time this could free people from repetitive work and open new opportunities, provided organizations invest in re-skilling and rethink entry-level roles.
https://www.library.hbs.edu/working-knowledge/ai-hasnt-spurred-widespread-layoffs-yet-why-not
AI Hasn't Spurred Widespread Layoffs Yet. Why Not? | Working Knowledge
Companies still need human expertise for now, though roles might soon change as artificial intelligence handles more tasks, say Joseph B. Fuller and Raffaella Sadun.