00:00Another blow for young workers as UK executives see AI cutting jobs over the next decade.
00:06Around half of UK bosses fear the technology will lead to fewer jobs across the economy,
00:11and that's up from a third two years ago.
00:14And it's entry-level roles that are expected to bear the brunt.
00:18Almost 40% of business leaders surveyed now see AI reducing demand, up from about a fifth.
00:24Youth unemployment has become a pressing problem for Prime Minister Keir Starmer.
00:28The share of jobless 16 to 24-year-olds is at its highest in a decade,
00:33and that's due to a mix of steep employment costs and technology affecting white-collar sectors.
00:38There's a clear disconnect between employees and their bosses.
00:43Almost a fifth of workers now use generative AI daily, mostly to improve the quality of their work.
00:48But business leaders tend to see AI mainly as a way to cut costs rather than grow revenue.
00:54That's bad news for young people looking for their first job.
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