The latest MLIV Pulse survey provides that a shift to healthcare jobs may be seen in the future, thanks to ChatGPT, a generative AI programme. With 678 participants, the survey found that 40 percent would recommend elementary school-aged children, who are current kindergarteners, to pursue a career in the medical field due to its greater protection against displacement by artificial intelligence.
Demographic trends seem to confirm the idea of pursuing a career in the medical field, as an aging population demands more healthcare workers. Despite recent layoffs in tech, professional investors believe that high school graduates should pursue careers in tech, with 52 percent of 556 investors voting for tech as the better career option for this age group.
This is seen to be the case due to the importance of digital platforms in the modern world, requiring those to be tech-savvy in order to exceed in the field. Despite notable layoffs, recruiters in many industries have been trying to take advantage of tech talent. This can be seen in the rise of ‘every company is a tech company’ as AI advances.
Although people have not ceased to have confidence in AI replacing human workers in the next three years, the current downturn in Big Tech and Silicon Valley has led many to be sceptical of the finance industry. On the other hand, finance has started to move towards a more tech-centric approach and invest more in the tech field.
In addition, despite the significant investment in time and money, an undergraduate degree has not been ceased to be seen as worthwhile by some alongside going to trade school to become a carpenter, electrician or plumber as this sector is not as easy to outsource or automate.
JP Morgan Chase, Citigroup and Wells Fargo are some big lenders which have seen windfalls from higher interest rates, yet have taken caution and planned to keep headcount flat for the remainder of the year.
Regarding the company stated in this article, Goldman Sachs is an American multinational investment banking and financial services company. Founded in 1869, it is one of the oldest banks worldwide and operates in around 30 countries. Furthermore, the company provides banking services in order to a wide range of corporations, financial institutions, governments and individuals.
Regarding the person mentioned in this article, Andrew Challenger is the Senior Vice President of Human Resources Consulting Firm Challenger, Gray & Christmas. With over 20 years of experience in the field, he has established himself as one of the county’s leading human resource professionals. He believes that tech and finance will remain lucrative for the coming decades, although AI may threaten entry-level jobs.
