Insider Finance - Business - Insider Today: AI's latest victim

Tech favors the youth.

Whether it’s their proclivity to change or endless desire to take part in “what’s next,” young people’s willingness to embrace new tech typically benefits them.

But the latest piece of transformational technology won’t be the lifeline it once was for young workers.

Generative AI is positioned to destroy job opportunities for current and future junior employees by automating away the work they previously did, Ed Zitron writes for Insider. 

“A new, AI-powered model benefits already-established players and empowers the weak, disconnected management culture of America that doesn’t evaluate actual outputs or creations,” Zitron writes.

In a vacuum, AI automating the tasks typically assigned to entry-level employees might not spell disaster for young workers. The wider issue, per Zitron, is that corporate America has continued to move away from training new workers.

Nearly half of employees surveyed by an MIT professor in January 2020 reported receiving no formal job training from their employer over the past year, as companies instead bank on workers learning on the job via low-level tasks. 

But with those opportunities getting swallowed up by the computers, young workers won’t have a way to get their foot in the door.

Of course, the corporate overlords will deny that’s the case. When it comes to innovation and automation, people will be enhanced, not replaced, they like to say.

But that facade is already falling apart, as a recent report found nearly 4,000 people lost their jobs because of AI in May.

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