Millennials are haunted by the fear of losing jobs... Is AI the reason?
A survey reveals that almost half of Indian millennials fear job loss, with the increasing influence of AI contributing to their anxiety in a rapidly changing job market.
The article discusses the growing fear among Indian millennials regarding job security, particularly in the context of the rising influence of artificial intelligence (AI). It highlights how this generation, often seen as resilient and adaptable, has faced numerous challenges from the 2008 global economic crisis to the COVID-19 pandemic, impacting their employment landscape significantly. Despite being experienced, many millennials now feel uncertain about their positions as they navigate a job market increasingly influenced by technological advancements.
Recent data from the Great Place to Work India Voice of India survey indicates that 49% of millennials are concerned about their job security in the coming years. This statistic reflects a generational shift in the perception of employment stability and the impact that advancements in technology, especially AI, have on their professional lives. While millennials have historically adapted to new tools and flexible work environments, the fear stemming from AI’s growing role in various industries is prompting them to reevaluate their career paths and skill sets.
As the article concludes, the ongoing transformation in how work is conducted due to AI and other technological advancements calls for a proactive approach among millennials to reassess their skills and positions in the workforce. The narrative suggests that this fear could either be a catalyst for self-improvement or an indication of a more profound issue regarding job security in an increasingly automated world.