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Fortune

Diane Brady

AI may cut the need for younger staff, some CEOs say: ‘With the commoditization of intelligence, it’s not about having the smartest people anymore’

Donald Trump Powell McCormick David McCormick Diane Brady Dina Powell McCormick Suzanne Clark Chamber of Commerce Fortune

Chamber of Commerce CEO Suzanne Clark (Credit: Stuart Isett—Fortune MPW)

In today’s CEO Daily: Diane Brady on the potential for AI to destroy entry-level jobs.
The big story: Who is paying to eat with Trump at his crypto dinner?
The markets: Up, up, and up!
Analyst notes from Macquarie, HSBC, and Wedbush on the U.S.-China trade deal, and Pantheon on “tariff frontloading.”
Plus: All the news and watercooler chat from Fortune.

Good morning. AI is disrupting entry-level jobs. While most CEOs are focused on upskilling their workforce, several have told me they’re reluctant to hire junior staff whose work can be done by AI agents. Companies are posting fewer internships—down 15% from two years ago, according to Handshake—and hiring fewer young people once those internships are done. Economic volatility plays a role but AI risks replacing what junior analysts, consultants, and other knowledge workers typically do.

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