Jobs for young IT specialists in Britain collapsed by 46%

You know what’s happening in the job market for young IT specialists in Great Britain? Over the last year, the number of jobs for young specialists collapsed by 46%. And a further drop of 53% is forecast, reports The Register. Citing statistics from the Institute of Student Employers.

The culprit turned out to be AI, which already performs basic-level tasks. Routine tasks of writing code and data analysis that were previously entrusted to young specialists. Companies still need technical specialists, but now take predominantly experienced employees and don’t train beginners.

And here’s what’s paradoxical. Most in demand among young specialists are specialties related to IT and AI – vacancies in these areas exist at 46% of organizations. But getting into them is becoming increasingly difficult.

This trend creates a vicious circle: graduates can’t get a first job to gain work experience. This means that already in the next 5 years the number of mid-level specialists will decrease.

It turns out AI ate the lowest rung of the career ladder. Companies save on beginners by using neural networks. But who will become an experienced specialist in 5 years if no one is gaining experience now?