'Don't fixate on one model': Singapore's President urges education rethink as AI disrupts entry-level hiring
Governments around the world must move quickly to address a decline in hiring for fresh graduates as artificial intelligence (AI) reshapes labour markets, Singapore President Tharman Shanmugaratnam said during a panel discussion at the annual meetings of the International Monetary Fund (IMF) and World Bank Group (WBG) in Bangkok, Thailand on Monday (Oct 12).Addressing central bankers, finance ministers and officials, President Tharman highlighted that there is already evidence of less hiring at the first rung of employment, referring to first jobs after graduation."It's clearest in the most AI-exposed sectors, the tech companies themselves. But it's becoming clear across the board in the US and elsewhere," he said.