Srinagar, Aug 06: As artificial intelligence continues to transform industries at breakneck speed, Microsoft co-founder Bill Gates has cautioned Gen Z that basic familiarity with AI tools won’t be enough to ensure job stability. While Gates acknowledges that AI can be “exciting and empowering,” he also points to its disruptive impact—especially on entry-level positions that are rapidly being replaced by automation.
“Embracing [AI], and tracking it, will be very, very important,” Gates said. “That doesn’t guarantee we’re not going to have a lot of dislocation.”
Despite growing emphasis on AI skills, many recent graduates are finding it increasingly difficult to break into the job market, which is becoming more competitive and less forgiving. Gates urges young professionals to stay curious and open to innovation, but he admits that even adaptability may not fully protect them from job displacement.
The unemployment rate for recent college grads has climbed above 6% over the past 12 months ending in May, while the overall national unemployment rate hovers around 4%.
AI replacing entry-level work is already being felt across all industries. At global investment firm Carlyle, previous entry-level hires who evaluated deals used to turn to Google for articles and request documents manually. Now the work is being done by AI, and the firm is shifting toward hiring junior-level employees who can ensure the work is accurate.
With companies leaning more heavily on automation, traditional entry-level roles that once served as stepping stones are disappearing—leaving many newcomers without a clear path forward. For Gen Z entering the workforce, the career game is shifting. In times of economic uncertainty, many younger workers are reveling in the security of blue-collar work and roles rooted in human connection like education or social work, creativity, and skill work.