Gen Z face 'job-pocalypse' as global firms prioritise AI over new hires, report says

Young professionals are confronted with a job-pocalypse as global firms increasingly favor investment in artificial intelligence over hiring new employees, potentially stunting career opportunities.

• A recent study reveals that business leaders worldwide are investing heavily in artificial intelligence to address skills shortages while simultaneously reducing workforce numbers.
• Many companies are prioritizing artificial intelligence solutions to automate tasks, which poses significant challenges for Gen Z entering the job market, as new hire opportunities dwindle.
• The trend of relying on artificial intelligence over human employees is contributing to a bleak outlook for young workers, prompting concerns about long-term employment prospects.