Two-thirds of companies will slow entry-level hiring due to AI

Core Insights - Two-thirds of global organizations anticipate a slowdown in entry-level hiring due to the impact of artificial intelligence on the labor market [1][3] - The rapid adoption of AI tools is leading to significant changes in job responsibilities, with 91% of organizations reporting shifts or disappearances of roles [2][3] - The traditional entry-level pathway is narrowing, with 71% of organizations expecting challenges in training and recruiting future leaders [3] AI Adoption and Impact - Nearly all surveyed organizations have begun implementing AI tools, resulting in automation that is changing or displacing roles at scale [2] - Routine tasks are the most affected by AI integration, leading to a transformation in the skills required by companies [3] Training and Skills Development - Two-thirds of organizations have invested in AI-focused training to help employees develop new capabilities, although challenges such as budget constraints and low engagement persist [4] - Only 5% of organizations consider a university degree essential for junior roles, with a shift towards valuing communication, critical thinking, and technical skills [5] Challenges in AI Integration - Nearly half of the organizations face challenges with outdated systems hindering AI integration, while 43% report a lack of skilled AI talent [6] - Companies are offering significant salary premiums, sometimes exceeding 50%, to attract AI specialists, along with incentives like access to advanced tools [6] Survey Demographics - The research included responses from 5,500 business leaders across 22 countries and various industries, including tech, finance, healthcare, and government [7]