While headlines often blame AI for job cuts, especially at the entry level, experts argue it's mostly a scapegoat. The real culprits? Pandemic-era talent hoarding, rising interest rates, and declining investor capital. Companies over-hired during the boom and are now correcting, not replacing workers with bots. For junior job seekers, this means the market is tough but not because of AI—focus on building skills and networking to stand out.
The Globe And Mail•6 days ago•
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AI Isn't the Real Job Killer: What's Really Behind Entry-Level Cuts
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Summary:
AI is often blamed for entry-level job cuts, but experts say it's a scapegoat.
The true causes are pandemic-era over-hiring, rising interest rates, and declining investor capital.
Companies are correcting past overexpansion, not systematically replacing humans with AI.
For junior job seekers, the market is challenging but not doomed; skill-building and networking are key.
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