Singapore's President warns of AI's risk to employment for fresh graduates
SPY•Singapore President Tharman Shanmugaratnam said governments should address declining demand for first jobs for graduates, particularly in sectors most exposed to AI. He also warned against a new divergence between developing and advanced economies.
1. Graduate jobs at risk
Shanmugaratnam told the IMF and World Bank annual meetings in Bangkok that demand for first jobs after graduation is falling, with the evidence clearest in sectors most exposed to AI. He said governments should address the issue soon and avoid a new divergence between developing and advanced economies due to AI disruptions.
