For soon-to-be adults, tech is the smartest route despite recent layoffs at Meta Platforms Inc., Amazon.com Inc. and Alphabet Inc., the latest MLIV Pulse survey with 678 respondents suggests. Tech savvy is seen as ever more important in a world increasingly influenced by digital platforms and artificial intelligence.
Recent hiring trends support the results. While the current downturn has hit both Big Tech and Silicon Valley startups hard, recruiters in traditional industries—from automakers to the federal government—have rushed to snap up laid-off tech talent and new grads. These days, every company is a tech company, as the saying goes.
Retail investors were slightly more enthusiastic about the heath care—it was a top pick for 41 percent. Among professional investors, 38 percent chose medical services. As for the potential impact of AI on Wall Street, only 12 percent said finance would be the best career option for today’s kindergarteners. While a previous MLIV Pulse survey found that most finance professionals were confident AI won’t replace them in the next three years, that confidence appears to falter over a longer time horizon.Significant layoffs as UBS Group AG absorbs Credit Suisse Group AG, combined with earlier job-cut announcements from Citigroup Inc.