How AI Is Impacting Gen Z’s Careers: Job Losses, Opportunities and the Future of Work

How AI Is Impacting Gen Z’s Careers

Artificial Intelligence is reshaping the lifestyle we used to live till now. It is impacting lifestyle, jobs, environment and the global economy. Whether you talk of autonomous vehicles or creating dubbed voices, AI has increasingly become an integral part of our daily lives.It is essentially requesting a skilled labor force, especially from Generation Z. Gen Z is the first generation to enter a workforce where artificial intelligence (AI) is more than just a tool—it is a transformative force, having grown up in a digitally connected world.

Policymakers, educators, and businesses must support the growth and success of this next generation workforce in order to comprehend how AI will affect Gen Z’s career prospects. This blog seeks to offer a thorough examination of the opportunities and difficulties that AI poses for Gen Z’s career, as well as the possibility of job loss and the emergence of new roles. Let’s understand what would be the AI impact on Gen Z careers.

The Pervasive Influence of AI: Transforming Industries and Job Roles

The applications of artificial intelligence are widespread and continue to expand across virtually every sector that drives the economy whether its manufacturing, logistics, healthcare, e-commerce, finance , marketing, or ensuring environmental concerns. The diverse applications of AI are not just incremental upgrades; instead they represent a fundamental shift in the way it is being conducted across various industries as of now.

By automating repetitive tasks, AI is enhancing efficiency and productivity, allowing human workers to focus on more complex, creative, and strategic initiatives.

This influence of AI suggests that Gen Z will inevitably encounter AI tools in any career path they choose. The role of AI will just extend beyond simple automation.  Of course, AI will displace jobs but it will not end jobs, rather it will increasingly augment human capabilities, acting as a virtual assistant, collaborator, and even expert. This signifies a change in the nature of many job roles, with a greater emphasis on working alongside AI to achieve optimal outcomes.

Automation and Disruption: Gen Z's Current and Future Job Landscape at Risk

While AI presents numerous opportunities, it also poses a significant risk of disruption to job roles unlikely to be pursued by Gen Z. Entry-level positions, which often serve as a starting point for freshers, are particularly susceptible to automation. Roles like customer service, sales representative, data entry operators, financial reporters, and basic administrative routine tasks are now going fully automated—all thanks to the advanced AI systems.

The impact of AI extends beyond these traditionally routine roles. It is redefining the software development, data analysis and content creation processes. AI is now able to automate a few coding tasks and write computer programmes, although complex projects still necessitate human expertise. Research analysts might see AI taking over data collection and preliminary analysis, allowing them to focus on deeper interpretation. The rise of AI writing tools has the potential to significantly alter content creation roles, with AI capable of generating written articles, video scripts, and visual content. 

This analysis indicates that Generation Z, which is often heavily represented in entry-level and routine-based jobs, faces a considerable risk of job displacement of their roles due to the increasing capabilities of AI-backed automation capabilities. AI’s ability to handle cognitive functions and generate content also poses a potential threat to white-collar and knowledge-based roles that were previously considered relatively safe from automation.This suggests a broad reshaping of the job market is going to get tough for Gen Z– particularly if they won’t evolve.

Statistics on Gen Z Employment Due To AI

Understanding the projected impact of AI on employment rates for the Gen Z demographic requires an examination of available statistics from various reports and studies.

Chadix research indicates that 25% of business leaders identify Gen Z as the second most vulnerable generation to AI-driven job displacement. The report by Hiring Lab( powered by Indeed) suggests that the educational requirements are gradually disappearing from job postings. This change in requirement makes half of the Gen Z job seekers believe AI’s adoption has made their college education irrelevant. 

According to a survey by learning technology company D2L, 60% of 3,000 full-time and part-time employees expressed a desire to use AI tools more regularly at work over the coming year. Yet, the same study revealed that 52% of Gen Z workers are concerned about being replaced by someone more adept at using AI. A significant portion of the Gen Z workforce worries that their limited experience with quick evolving technologies could jeopardize their job security.

Gen Z is getting anxious by the reports indicating that over one-third of US managers would prefer to hire AI over Gen Z graduates, citing a lack of real-world experience and higher training costs.These statistics collectively suggest that while AI is expected to drive both job displacement and creation, Generation Z, particularly those in entry-level roles, faces a unique vulnerability and heightened anxiety in this evolving employment landscape.

New Horizons: Emerging Opportunities for Gen Z

Amidst the concerns of job loss, the everyday advancement of AI is also giving rise to a number of new job opportunities. The implementation of AI in multiple industries is creating a necessity for skilled workforce to work with these systems. These specialized roles include AI engineers, machine learning engineers, and data scientists are in high demand who can build and improve the models that enable computers to learn from data.

The future of work for Gen Z will not be limited to the technology sector. Industries like healthcare, finance, manufacturing, and logistics are rapidly adopting AI and consequently seeking professionals with specialized AI skills. 

In fact, the demand for AI-savvy talent is expanding across various sectors, indicating that opportunities exist beyond traditional roles. This proliferation of new, AI-driven job roles signifies a significant shift in the employment landscape, presenting a wealth of opportunities for Generation Z to forge careers in a rapidly evolving technological frontier.

Gen Z's Perspective: Concerns in the Age of AI

Generation Z holds a complex perspective on the impact of AI on their careers. It is often marked by a blend of optimism and anxiety. Many express concerns about the potential for job displacement due to AI and the consequent need for reskilling to remain competitive.

Despite these anxieties, a majority of Gen Z individuals also anticipate that AI will enhance their skills and overall productivity in their careers. There are nuanced views on AI’s impact on creativity, with some expressing concern about its potential to diminish human artistic expression, while others see it as a tool to augment creative endeavors.

The importance of maintaining human connection in the workplace is also a significant consideration for Gen Z, even as they acknowledge the increasing integration of AI. Notably, a substantial portion of Gen Z reports trusting AI more than their own managers for career advice, highlighting a potential gap in traditional mentorship and career development support within organizations. This indicates a generation that is both tech-savvy and pragmatic, recognizing the benefits of AI while also being acutely aware of its potential pitfalls and the necessity of adapting to a rapidly changing professional landscape.

How AI is Influencing Gen Z's Career Paths

The inclusiveness of AI is also shaping Gen Z’s educational paths. More and more students are expressing concerns about AI’s impact on their chosen majors. This situation is leading them to reconsider their fields of study. Conversely, the emergence of AI is also influencing students to pursue degrees in computer science, data science, and other related fields.

Companies are also prioritizing candidates who demonstrate AI skills, recognizing the value they bring to the modern workplace. These examples underscore that Gen Z is not only aware of AI’s impact but is actively engaging with it to navigate their career journeys.

Conclusion

As of now, you’ve already understood how AI is changing the job market for Gen Z. Whether you consider yourself as Gen Z, Gen X, Millennial or Boomer, you must be feeling the profound impact of artificial intelligence on the upcoming opportunities. 

AI companies are making rapid advancement in the training of new powerful models and making AI customized and useful for multiple industries. This is why companies are embracing AI in everyday operations and streamlining workflow.

This progression has made it clear that AI will fundamentally reshape the future of work for this generation. While the potential for job displacement in entry-level and routine-based roles is a significant concern, it will catalyze the creation of new, specialized opportunities. The future of work for Gen Z will be a dynamic interplay between technical proficiency in AI and unique human skills that remain irreplaceable even after generations.

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Rewards Manager

We’re hiring for exciting opportunities in the Work and Rewards team in Bangalore and Mumbai! We’re looking for experienced professionals having 7+ years of experience , who will be Leading projects across Rewards and also contributing to projects across Talent Management, Retirement Consulting etc. as well as understanding Compensation and Benefits, Project management, Client management.

Key Responsibilities:

  • Business Development: Achieve revenue targets, lead marketing efforts, identify growth opportunities, and represent the company in the market.
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Requirements:

  • 7+ years of relevant experience with a Master’s in Business or HR.
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  • Proven leadership in project and team management.
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Transaction Tax

Hiring experienced Transaction Tax professionals with expertise in Direct Tax and M&A for Big 6 consulting firms in Mumbai, Delhi NCR, and Chennai. Join a dynamic team for impactful, high-profile projects.

Desired Profile:

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Skill Set:

  • The candidate should have good understanding of the Income Tax Law and other Acts such as Companies Act, FEMA and SEBI Laws.
  • Good and timely communication and drafting/ writing skills
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Required Skills:

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Key Responsibilities:

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  • Draft Chapter 3 (Analysis of Experience) for the Appointed Actuary’s Annual Report.
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Requirements:

  • 3-5 years of actuarial experience in a Life Insurance company.
  • Successful completion of 5-9 actuarial exams from IFoA or IAI.
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We’re looking for Life Actuaries based in Mumbai for Individual Pricing Role. Need atleast 7 actuarial exams cleared . This role is perfect for candidates with a minimum of 3 years of experience in the life insurance industry

Key Responsibilities:

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Educational Qualifications:

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Credit Risk Modeling

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Key Responsibilities:

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Roles and Responsibilities:

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  • Use analytical tools (e.g., Python, SQL, PySpark) to perform in-depth analysis and derive insights.
  • Translate complex technical findings into clear, concise business language for effective presentation.
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Candidate Profile:

  • Minimum 5 years of experience in consulting and analytics delivery.
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External Auditor

We are looking for a Statutory Audit Manager with strong experience in conducting audits, ensuring compliance with accounting standards, and preparing financial statements. The ideal candidate will be CA qualified, with excellent technical knowledge and leadership skills. Ability to manage teams and client relationships is essential.

Key Responsibilities:

  • Review & finalization of assurance engagements (including group reporting).
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  • Ensure 100% adherence to quality procedures in order to ensure high impact deliverables for the clients.
  • Work towards self & team development by facilitating and attending training & seminars on assurance practice & accounting standards.
  • Work under strict deadlines and demanding client conditions.
  • Day to day guidance to Manager/AM/consultants working in the team.
  • Management of time and cost on the project code.
  • Timely billing and collections from the clients.
  • Should be willing to travel as and when required within the country and abroad for continuous/ long period of time.

Qualifications:

  • Qualified CA
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  • Exposure to ERP environment (Tally, SAP, JDE, etc.)
  • Client facing experience is essential.
  • Willingness to travel.

Skills and Competencies:

  • Strong leadership, interpersonal and communication skills
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  • Demonstrating experience as a team leader by creating a positive environment by monitoring workloads of the team while meeting client expectations and respecting the work-life quality of team members, providing candid, meaningful feedback in a timely manner, and keeping the leadership informed of any progress or issues

Internal Auditor

Looking for Internal Auditors for a Big4 consulting firm based out of Bangalore location. We are looking for professional auditor having experience into SOX 404 Audits, Risk & Control Matrices (RCM), conducting test of design and test of operating effectiveness of controls.

Responsibilities :

  • Perform end-to-end internal audits from planning to reporting including process understanding, walkthroughs, preparation of risk and control matrix / audit work program, control testing to assess their design and operating effectiveness, preparation of audit report and agreeing issues/actions with management.
  • Have an in-depth understanding of the asset management industry risks/issues/trends and end-to-end investment process (front, mid and back office processes) for all asset classes including fixed income, equities, derivatives, real estate, private equity/hedge funds and alternatives.
  • Have thorough knowledge and understanding of Internal Audit and SOX/ ICFR methodology and IIA requirements.
  • Deliver/manage engagements to time, cost and high quality.
  • Identify key areas of improvement in the client’s business processes and add value by preparing insightful recommendations.
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Qualifications:

  • CA or ACCA

Required Skills:

  • Excellent oral and written communication skills.
  • Ability to work independently with minimum supervision.
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  • Strong relationship management skills to actively establish stakeholder/client (process owner/functional heads) and internal relationships.
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IT Audit Specialist

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Akur8

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Role Highlights

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What We’re Looking For

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Actuarial/Business Analyst

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Job Description:

Key Requirements:

* Actuarial papers from IAI, IFOA, or CAS preferred.
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Responsibilities:

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Job Description:

Key Requirements:

* 7-12 years of experience in Data Engineering, working with Databricks & Cloud technologies.
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* Hands-on experience with performance tuning of data pipelines and workflows.
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Responsibility-

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3.Implement robust data checks to ensure the accuracy and integrity of data. Summarize and validate large database to ensure they meet quality standards.
4.Monitor data jobs for successful completion. Troubleshoot and resolve any issue that arise to minimize downtime and ensure continuity of data processes.
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Information Technology Risk Manager

We are hiring IT Auditors for few consulting firms based out of Bangalore, Mumbai, Delhi NCR. They are looking for someone having experience into ITGC and ITAC along with SOC OR SOX Reporting. Any certifications such as DISA, CISA will be preferred.

Requirements

  • Knowledge of security measures and auditing practices within various operating systems, databases and applications.
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  • Experience of working on Financial Services sector clients.
  • Experience in identifying control gaps and communicating audit findings and control redesign recommendations to Sr. Management and Clients.
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External Auditor

We are looking for a Statutory Audit Manager with strong experience in conducting audits, ensuring compliance with accounting standards, and preparing financial statements. The ideal candidate will be CA qualified, with excellent technical knowledge and leadership skills. Ability to manage teams and client relationships is essential.

Requirements

  • Review & finalization of assurance engagements (including group reporting).
  • Support seniors and independently work on business development initiatives including preparation of proposals and budgets.
  • Ensure 100% adherence to quality procedures in order to ensure high impact deliverables for the clients.
  • Work towards self & team development by facilitating and attending training & seminars on assurance practice & accounting standards.
  • Work under strict deadlines and demanding client conditions.
    Day to day guidance to Manager/AM/consultants working in the team.
  • Management of time and cost on the project code.
  • Timely billing and collections from the clients.
  • Should be willing to travel as and when required within the country and abroad for continuous/ long period of time.

Qualifications

  • Qualified CA
  • Good technical knowledge AS, Ind AS, SAs etc.
  • Exposure to ERP environment (Tally, SAP, JDE, etc.)
  • Client facing experience is essential.
  • Willingness to travel.

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Requirements

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  • Stay updated on tax regulations, industry trends, and best practices.
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Qualification

Chartered Accountant (CA) with 5-8 years of experience in Corporate and International Tax, strong analytical skills, and expertise in the Income Tax Act, ICDS, and Ind-AS adjustments. Proven track record in tax representation before authorities and ability to lead teams in a fast-paced, professional services environment.

Internal Auditor

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Requirements

  • Ability to multi-task and handle client conversations
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  • Good written and spoken communication
  • Experience of working in Global clients or Global projects (desirable).
  • Project Management skill (desirable).

Qualifications

  • Bachelor’s degree (BBM / / BBA / / BCom /) from an accredited college/university
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  • Qualified CA/ACCA/CPA/CIA®

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Responsibilities

  • Validation/development of valuation models across asset classes – equities,
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  • Basic understanding of Mathematics and statistics in terms of linear
    algebra, probability theory
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Qualifications

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