Not long ago, I was speaking at an event when a recent college graduate approached me. He’d studied neuroscience and, like many STEM generalists, had set his sights on consulting—firms like Deloitte or Accenture, which have long hired large numbers of junior associates for data gathering and analysis. He’d earned top grades at a great school, yet all his outreach—informational interviews, applications, and follow-ups—had come to nothing.

His story is not unusual. Entry-level consulting or finance jobs have always been competitive, but they’re even harder to secure now. This generation grew up believing that skills like coding, data analysis, research, and writing would guarantee a foothold in a fulfilling white-collar career. Today, many of those assumptions no longer hold.

Anthropic CEO Dario Amodei warned that AI could eliminate roughly 50% of all entry-level white-collar jobs within five years—absorbing tasks like data entry, basic analysis, and research synthesis that once served as the first rung on the career ladder for new graduates.

A global study by the British Standards Institution appears to confirm his prediction. The study polled 850 business leaders across Australia, China, France, Germany, Japan, the UK, and the US. It found that companies are prioritizing AI automation over training junior employees: 39% have already reduced or cut entry-level roles due to AI, while 43% expect to do so by 2026.

The dominant narrative is bleak: “AI is taking all the jobs!” The data supporting this narrative is real and warrants concern. Yet the reality is more nuanced—and, in many ways, more hopeful. What we’re witnessing is a compression of the traditional career timeline. For those willing to adapt, this shift can accelerate professional growth in unprecedented ways.

How New Graduates Can Navigate the AI-Driven Job Market

For first-job seekers willing to rethink their early-career approach, success remains within reach. Here are key strategies to consider:

Target Employers That Are Investing in Early Talent

Some companies are bucking the trend by doubling down on entry-level hiring. Reddit CEO Steve Huffman announced the company will “go heavy” on hiring new college graduates, citing their “AI-native” skills. IBM has also pledged to substantially increase entry-level hiring. Dropbox, Cloudflare, and LinkedIn have all expanded internships, graduate programs, and entry-level roles.

PwC, which partially rolled back entry-level hiring last year, has recommitted to it in about 20% of its office locations. The firm now advises clients to continue hiring early-career workers or risk “starving [their] organization of its future.”

In my view, companies that aggressively adopted AI are now realizing the critical role of young, adaptable talent in driving growth and transformation. A generational age-out is coming. Succession and progression can’t happen if organizations only hire at mid-career levels.