Can colleges still deliver in the age of AI? One Ivy League school is investing $30 million to improve career outcomes
Colleges are facing pressure to adapt to the changing job market influenced by AI, with many students expressing concerns about their future employment. A significant number of students are considering changing their fields of study and the skills they wish to develop due to the unpredictability of AI's impact on various majors. Educational institutions are investing in strategies to improve career outcomes for students amid these challenges.
- ▪Two-thirds of students are pessimistic about the job market.
- ▪40% of students have considered changing their field of study due to AI.
- ▪36% have thought about changing their target industry.
- ▪49% have considered altering the skills they focus on developing.
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The AI effect puts immense pressure on schools to address students' concerns about the labor market at a time when many people were already questioning higher ed's return on investment."We have to be on it, and we have to be nimble and quick," Catrino said. "Higher education has a big task at hand."Two-thirds of students are pessimistic about the job market, and 4 in 10 students have considered changing their field of study due to AI, according to the CNBC and SurveyMonkey Quarterly AI and Jobs Survey. Roughly 36% have considered changing their target industry, and 49% have considered changing the skills they are focused on developing, the survey found.
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