A new report suggests that AI is responsible for a 25% decrease in hiring of recent graduates at big tech companies, including Meta, Microsoft, and Google. A new report shows that the biggest tech companies have significantly reduced their hiring of new graduates in recent years, and AI could be to blame as the technology takes over entry-level tasks. Asher Bantock, SignalFire's head of research, told TechCrunch that there's "convincing evidence" that AI is a significant reason for the decline in entry-level tech roles. He explained that entry-level jobs are more vulnerable to automation because they consist of routine tasks that AI can easily take over. Dario Amodei, the 42-year-old CEO of $61.5 billion AI startup Anthropic, told Axios on Wednesday that within the next one to five years, AI could eliminate half of all entry-level white-collar jobs and cause unemployment to rise to 10% to 20%.