AI Automation Cuts Graduate Hiring in Finance, Raises Job Loss Fears
Summary
AI automation is slashing graduate hiring in accounting and finance as major firms like AIB deploy AI tools for routine tasks, raising fears from trade unions about potential job losses with around 30% of workers in roles vulnerable to AI replacement according to a government study.
Key Points
- AI is reducing graduate hiring in accounting and finance as routine tasks get automated
- Major firms like AIB are rolling out AI tools, prompting concerns from trade unions over potential job losses
- Around 30% of workers are employed in roles at risk of being replaced by AI according to a government study