Is AI displacing entry-level jobs in China? - Asia Specific podcast, BBC World Service

A record 12.7 million university students in China are about to enter the workforce, putting an already strained job market under unprecedented pressure. Click here to subscribe to our channel 👉🏽 https://bbc.in/3VyyriM China’s youth unemployment rate has been relatively high, hovering around 15%, but the growing challenge of AI has some analysts forecasting a youth jobless spike. Artificial intelligence is starting to replace an entire layer of entry-level positions that have traditionally been the starting point for fresh graduates. China, one of the world's fastest adopters of AI, is feeling the impact. So what can China's government and its young jobseekers do to navigate the labour market? On this episode of Asia Specific, host Mariko Oi is joined by journalist Chen Yan from BBC Chinese Service and economics professor Shen Kailing from the Australian National University. 00:00 Introduction 00:57 What’s happening with China’s youth unemployment? 03:04 Impact of China’s shrinking population 03:58 How bad is China’s youth unemployment today? 06:08 Are young people frustrated? 06:58 China during the 2008 financial crisis 08:43 How are young people coping? 10:23 Does China’s high tech adoption set it apart from other countries? 12:55 Why is the Chinese economy more flexible than others? 14:10 Impact of AI on the job market 16:39 Are there entry-level employees? 18:23 What will China do about youth unemployment? Watch more episodes of Asia Specific here 👉🏽    • Asia Specific   Instagram: @bbcworldservice Email: asiaspecific@bbc.co.uk Presenter: Mariko Oi Producers: Derek Cai, Rachel Lee, Cordelia Lee Camera: Muhammad Firdaus Bin Mohd Ansary, Rosalehin Bin Rosli Editor: Bill Birtles ---------------- This is the official BBC World Service YouTube channel. If you like what we do, you can also find us here: Instagram 👉🏽   / bbcworldservice   Twitter 👉🏽   / bbcworldservice   Facebook 👉🏽   / bbcworldservice   BBC World Service website 👉🏽 https://www.bbc.co.uk/worldserviceradio Thanks for watching and subscribing! #BBCWorldService #WorldService