AI Stifles Entry-Level Hiring: SignalFire
You didn’t need a crystal ball to predict that AI’s ability to handle simple tasks would reduce hiring of entry-level employees who used to do them manually. This SignalFire report confirms that, although it also blames the end of “free money”-fueled over-hiring, and others cite tax changes in handling research costs. Gig work won’t pick up the slack: SimilarWeb finds that AI has led to less demand on freelance platforms and an even bigger crash for consumer edtech.