This is just nuts. Millennials just can’t seem to catch a break. Now AI is coming for their jobs.
Research released by Gallup on Thursday indicates a collision between technology and “business as usual” is coming soon, and the fallout will be ugly, especially for Millennials. Automation and artificial intelligence (AI) are among the most disruptive forces descending upon the workplace, says the Gallup report, and 37% of Millennials “are at high risk of having their job replaced by automation, compared with 32% of those in the two older generations.”[via Forbes]
So how can they stay relevant? Look for new trends in hiring. The top one I can think of is Data Science.
If you’re considering a career move, get a beat on what jobs are trending up (software engineer) and which ones are on their way out (reporter). You can boost your skills through a boot camp or with a traditional degree, no matter what your industry is, but know that some companies may prefer a regular degree over a boot-camp certificate or DIY learning.
But those industries might be susceptible to offshoring.
Though the Bureau of Labor Statistics (BLS) says that programmer and coder jobs will decline 8% due to outsourcing to other countries from 2014 to 2024, there will still be plenty of work, and in many cases, it will be too unwieldily to move massive operations overseas.
So in other words, Millennials can’t seem to catch a break. If I were part of that creative and awesome generation, I’d probably go the route of entrepreneurship.
Some Millennials are grabbing market share and are changing the world. Uber is the first one that comes to mind but there are many other small niche businesses and startups. I really love the Millennial generation, speaking as a Gex X’er, because I know what it’s like to be given a raw deal from the Boomers, who are on track to become the most hated generation on record.