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Billionaires worry Gen Z kids face job market struggles amid AI impact

Wealthy parents are increasingly concerned that their Gen Z children will struggle to find and maintain stable employment, a worry that extends even to billionaires. Financial advisors note that factors such as slowed entry-level hiring, intense competition, and the impact of AI on job tasks are contributing to this anxiety. The concern is less about financial security and more about their children's sense of purpose, identity, and confidence in a rapidly changing job market. AI

IMPACT AI is cited as a factor contributing to job market anxieties for younger generations, potentially impacting career paths and the need for future retraining.

RANK_REASON Article discusses concerns of wealthy individuals about their children's job prospects, influenced by broader economic trends and AI, rather than a specific AI development.

Read on Fortune →

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Billionaires worry Gen Z kids face job market struggles amid AI impact

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Sydney Lake ·

    Even billionaires are worried their Gen Z kids can’t keep a job—and their wealth advisors say the fear is ‘very real’

    It’s a “very real concern” for the ultrawealthy that their children aren’t prepared for the future, wealth advisor Tom Thiegs told Fortune.