Pareesa Afreen 
Dec 20, 2025
Artificial intelligence (AI) is increasingly impacting the way businesses are conducted, from automating simple menial jobs to decision-making.
With the growing adoption of AI, fears are being raised about the effects of this new technology on the workforce, particularly for the younger generation entering the workforce.
The Governor of the Bank of England Andrew Bailey commented that AI has the potential to displace jobs in the same way the Industrial Revolution did. The comments came as part of Bailey’s appearance in an interview on the BBC Radio 4’s Today program.
Bailey reported that individuals who possess skills related to AI will find the process of acquiring a new job in the near future relatively easier. Unfortunately, he showed concern about young individuals who are still inexperienced in AI. He argued that AI may make it difficult for new graduates to find entry-level positions.
The governor of the Bank of England asked how AI might transform the conventional job pipeline. Although the type of jobs may not disappear, the accessibility of such jobs might become more limited to new people, affecting the future of the job pipeline.
Such apprehensions arise against the growing integration of AI technology with everyday life and other sectors such as finance, law, and accounting.
Latest statistics indicate that unemployment in the UK increased to 5.1% in the three months to October, with a substantial number of the unemployed ranging between 18 and 24 years old.
Bailey acknowledged that AI could boost productivity and economic growth. At the same time, he warned that it may lead to fewer junior positions in certain professions. He pointed out that past technological shifts have displaced jobs without causing mass unemployment.
