New Delhi, Aug. 16 -- Artificial Intelligence (AI) is significantly impacting the job market for new graduates , with the tech sector taking the worst hit. According to a recent report by VC firm SignalFire, job openings for new graduates at the 15 tech largest companies have been cut by over 50 per cent since 2019. The report also stated that before the pandemic, new graduates made up 15 per cent of Big Tech hires, now, that number has dropped to just 7 per cent.
This shift can be attributed to companies using AI to automate junior-level tasks and giving them an incentive to delay or reduce early-career hiring. However, experts warn that while this may cut costs in the short term, it could weaken the leadership pipeline in the years ahe...
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