Anabelle Colaco
22 May 2026, 21:02 GMT+10
LONDON, U.K.: Artificial intelligence is transforming workplaces around the world, but many young people entering the job market are reacting with growing anxiety rather than excitement.
That unease was on display this week when former Google Chief Executive Officer Eric Schmidt addressed graduates at the University of Arizona and described AI as a force that would reshape nearly every aspect of life.
"It will touch every profession, every classroom, every hospital, every laboratory, every person, and every relationship you have," Schmidt said.
His remarks drew boos from some students concerned about job security and the broader impact of artificial intelligence.
Schmidt acknowledged those concerns and said they were "rational," but argued that the changes brought by AI are inevitable and that workers will need to adapt.
Recent corporate announcements have reinforced those fears.
Standard Chartered said this week it plans to cut more than 7,000 jobs over the next four years as it replaces what Chief Executive Officer Bill Winters called "lower-value human capital" with artificial intelligence and automation.
Other major technology companies have also announced job reductions while investing heavily in AI. Meta is planning global layoffs, Amazon has eliminated tens of thousands of corporate jobs in recent months, and financial technology company Block cut nearly half its workforce in February.
A recent Gallup report suggests young adults are becoming more pessimistic about technology.
The April survey found that members of Generation Z — those born between 1997 and 2012 — are increasingly likely to feel anxious or angry about AI. Nearly half said the risks outweigh the benefits, while only 15 percent said artificial intelligence is a net positive.
"Negative emotions have intensified over the past year," the report's authors wrote. "Young adults in the workforce are significantly more likely to view AI as a risk than a benefit."
Most respondents said learning how to use AI is important, but many also believe it undermines creativity and deeper learning.
Schmidt's reception was not an isolated incident.
At the University of Central Florida earlier this month, real estate executive Gloria Caulfield was interrupted by boos during a commencement speech after she declared: "The rise of artificial intelligence is the next industrial revolution."
When she added, "What happened? OK, I struck a chord... Only a few years ago, AI was not a factor in our lives," the audience responded with cheers.
The reactions reflect a widening gap between corporate enthusiasm for artificial intelligence and growing public concern, especially among younger workers who fear the technology could reshape their futures in ways they cannot control.
Get a daily dose of Milwaukee Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Milwaukee Sun.
More InformationGENEVA, Switzerland: The World Health Organization said on May 20 that the Ebola outbreak in eastern Democratic Republic of Congo likely...
NEW YORK CITY, New York: U.S. President Donald Trump disclosed more than 3,600 stock trades during the first quarter of 2026, revealing...
BEIJING, China: A week after President Xi Jinping hosted Trump in Beijing, China and Russia, at a summit on May 20, condemned U.S....
MEXICO CITY, Mexico: Mexico has frozen the bank accounts of some former officials accused by the United States of having links to the...
MALE, Maldives: Italy's Foreign Ministry said this week that rescuers have found the bodies of the four Italian divers who went missing...
LONDON, U.K.: Britain's second most senior diplomat in Washington, James Roscoe, has left his post, the British Foreign Office said...
NEW YORK CITY, New York: U.S. President Donald Trump disclosed more than 3,600 stock trades during the first quarter of 2026, revealing...
(Photo credit: Nathan Ray Seebeck-Imagn Images) Marlins right-hander Eury Perez will try to end his five-start losing streak when...
(Photo credit: Isaiah J. Downing-Imagn Images) The visiting Los Angeles Dodgers will turn to left-hander Justin Wrobleski to slow...
(Photo credit: Jay Biggerstaff-Imagn Images) After both teams banked series wins earlier this week, the Boston Red Sox and Minnesota...
(Photo credit: Brett Davis-Imagn Images) The Chicago Cubs hope a day off at home will allow them to reset mentally before they host...
(Photo credit: Benny Sieu-Imagn Images) Carlos Rodon was pitching with loose bodies in his left elbow when he struggled in Game 3...
