While candidates are using AI in interviews at the company, a Lendlease spokesperson said AI had also “helped streamline” its recruitment process, although they said the firm remained focused on “attracting strong undergraduate and graduate talent” through its Early Careers program.
A first-of-its-kind study from Stanford University released this week identified a trend in corporate America that might feel eerily familiar to some young Australian jobseekers. Analysing payroll software, it found those aged 22 to 25 years in AI-exposed occupations had experienced a 13 per cent relative decline in employment, while less exposed industries and age groups had remained stable. It said there was large-scale evidence consistent with the hypothesis that the AI revolution is beginning to have a significant and disproportionate impact on entry-level workers.
Bachelor of commerce student Lara Veidners, who is also the event director of the Sydney University Business Society, said there was a feeling among her peers that finding graduate employment was difficult. But she is not afraid of AI.
“I think utilising artificial intelligence to the best of our abilities has become a real sort of power of the undergraduate, demonstrating how we can effectively use it. That’s how you can differentiate yourself between those who might fear it or be anxious,” she said.
While she’s positive about AI, Veidners said it was nevertheless tough to get a graduate job, which she attributes to higher quality graduates.
