DeepMind and Anthropic CEOs: AI is already coming for junior roles at our companies (www.businessinsider.com)

The CEOs of DeepMind and Anthropic, Demis Hassabis and Dario Amodei, respectively, revealed during a joint interview at Davos that they are witnessing early signs of AI's impact on junior-level hiring within their organizations. Both executives noted a slowdown in hiring for entry-level positions and internships, indicating that as AI technologies advance, they may reduce the need for human roles in these areas. Amodei raised concerns about the rapid pace of AI development potentially overwhelming societal adaptation, suggesting that it could lead to significant unemployment in entry-level jobs where AI might perform tasks more efficiently. This revelation is significant for the AI and machine learning community as it underscores the transformative impact AI is having on the labor market, particularly for junior roles traditionally seen as entry points into the industry. Both leaders emphasized the need for institutional frameworks, such as international governance and economic interventions, to mitigate the adverse effects AI could have on employment. As they project that the effects might escalate within the next few years, the conversation highlights urgent considerations regarding job displacement and the future of work in an increasingly automated world.