Friday, August 25, 2023

Report: Graduates Uncertain About Workforce Readiness Because of AI - Kate Lucariello, Campus Technology

Cengage Group polled 1,000 recent degreed and non-degreed graduates and 1,000 employers. Major findings indicate that:

52% of recent graduates wonder whether they are ready for the workforce because of the growth of AI;
57% of employers feel that some entry-level jobs and teams could be replaced by AI;
68% feel that employees will need to re-skill in the next three to five years in order to meet job requirements;
50% of employers (as opposed to 62% in the 2022 report) say they require degrees for entry-level jobs, while 33% say they require a skills training credential (as opposed to 26% in 2022)