How Students Can AI-Proof Their Careers
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    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,682,703 (+0.16%)       Melbourne $1,032,974 (+0.32%)       Brisbane $1,149,503 (-0.48%)       Adelaide $1,044,873 (+0.57%)       Perth $1,087,323 (+0.79%)       Hobart $838,358 (-0.10%)       Darwin $820,666 (-0.12%)       Canberra $979,872 (-0.24%)       National Capitals $1,138,269 (+0.14%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $797,157 (-0.14%)       Melbourne $549,523 (-0.11%)       Brisbane $755,150 (-0.64%)       Adelaide $578,247 (+0.68%)       Perth $644,099 (+3.57%)       Hobart $571,049 (+0.07%)       Darwin $463,594 (-5.35%)       Canberra $477,768 (-0.27%)       National Capitals $625,689 (+0.06%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 14,358 (+213)       Melbourne 15,978 (-7)       Brisbane 11,458 (+121)       Adelaide 3,654 (+71)       Perth 8,904 (+103)       Hobart 691 (+10)       Darwin 180 (+11)       Canberra 1,209 (+48)       National Capitals 56,432 (+570)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 9,553 (+66)       Melbourne 6,618 (-48)       Brisbane 2,337 (+34)       Adelaide 604 (-6)       Perth 1,701 (+90)       Hobart 150 (-5)       Darwin 217 (-4)       Canberra 1,213 (+23)       National Capitals 22,393 (+150)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $870 ($0)       Melbourne $600 ($0)       Brisbane $700 ($0)       Adelaide $660 (+$3)       Perth $750 ($0)       Hobart $628 (-$13)       Darwin $850 ($0)       Canberra $710 (+$10)       National Capitals $733 (+$)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $820 (-$5)       Melbourne $620 ($0)       Brisbane $620 (-$3)       Adelaide $550 (+$10)       Perth $700 (-$20)       Hobart $500 (-$30)       Darwin $675 ($0)       Canberra $590 (+$5)       National Capitals $648 (-$5)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,676 (+151)       Melbourne 6,952 (+89)       Brisbane 3,472 (+4)       Adelaide 1,309 (+41)       Perth 2,174 (+11)       Hobart 210 (-11)       Darwin 61 (+5)       Canberra 431 (+4)       National Capitals 21,285 (+294)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 10,090 (-12)       Melbourne 6,145 (+91)       Brisbane 3,338 (+49)       Adelaide 409 (+12)       Perth 701 (+21)       Hobart 75 (0)       Darwin 102 (+4)       Canberra 717 (+47)       National Capitals 21,577 (+212)                HOUSE ANNUAL GROSS YIELDS AND TREND         Sydney 2.69% (↓)       Melbourne 3.02% (↓)     Brisbane 3.17% (↑)        Adelaide 3.28% (↓)       Perth 3.59% (↓)       Hobart 3.89% (↓)     Darwin 5.39% (↑)      Canberra 3.77% (↑)        National Capitals 3.35% (↓)            UNIT ANNUAL GROSS YIELDS AND TREND         Sydney 5.35% (↓)     Melbourne 5.87% (↑)      Brisbane 4.27% (↑)      Adelaide 4.95% (↑)        Perth 5.65% (↓)       Hobart 4.55% (↓)     Darwin 7.57% (↑)      Canberra 6.42% (↑)        National Capitals 5.38% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 1.5% (↑)      Brisbane 1.2% (↑)      Adelaide 1.2% (↑)      Perth 1.0% (↑)        Hobart 0.5% (↓)       Darwin 0.7% (↓)     Canberra 1.6% (↑)      National Capitals $1.1% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 2.4% (↑)      Brisbane 1.5% (↑)      Adelaide 0.8% (↑)      Perth 0.9% (↑)      Hobart 1.2% (↑)        Darwin 1.4% (↓)     Canberra 2.7% (↑)      National Capitals $1.5% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND         Sydney 34.7 (↓)       Melbourne 33.6 (↓)     Brisbane 39.0 (↑)      Adelaide 32.0 (↑)        Perth 42.6 (↓)       Hobart 30.0 (↓)       Darwin 21.9 (↓)       Canberra 33.2 (↓)       National Capitals 33.4 (↓)            AVERAGE DAYS TO SELL UNITS AND TREND         Sydney 33.6 (↓)       Melbourne 31.2 (↓)     Brisbane 40.9 (↑)      Adelaide 32.6 (↑)        Perth 41.8 (↓)     Hobart 31.3 (↑)        Darwin 43.1 (↓)     Canberra 40.5 (↑)        National Capitals 36.9 (↓)           
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How Students Can AI-Proof Their Careers

Artificial intelligence is going to eliminate a lot of jobs in the future. It’s possible to reduce the risk that it will be yours.

By JAMES R. HAGERTY
Thu, Nov 21, 2024 10:17amGrey Clock 5 min

The current generation of college students is facing a challenge that those who came before never had to worry about: They’ll be competing with AI for jobs.

What can they do to get ready?

After all, artificial intelligence is likely to eliminate at least some jobs that formerly served as first rungs on career ladders. “We have to accept and embrace the idea that in fact with AI we are going to have jobs that are going to be eliminated and jobs that are going to be created, and we don’t know which ones,” says Joseph E. Aoun , president of Northeastern University.

That uncertainty leaves today’s college students struggling to prepare for a workplace that is changing faster than ever. We asked a range of career counselors and employers how they would suggest students AI-proof their careers. One consensus: It’s important to master skills not easily matched by machines, such as human-style communications and the ability to understand and work smoothly with people who have different perspectives and personalities.

“In many ways the human skills are going to be more fundamental than they are now,” as machines take over some routine tasks, Aoun says.

A survey of 255 employers by the National Association of Colleges and Employers last year found that the three top “competencies” they sought in job candidates were communication, teamwork and critical thinking.

Communication and teamwork rely on emotional intelligence, or EQ. “AI has probably won the IQ battle,” says Tomas Chamorro-Premuzic , chief innovation officer at Manpower Group and professor of business psychology at Columbia University, “but the EQ battle is up for grabs.”

Of course, that doesn’t mean students shouldn’t master AI. Skill in using AI as a productivity-enhancing tool can give them an edge over older workers who haven’t mastered ChatGPT and other AI programs.

But knowing how to use AI effectively isn’t enough. Here are some suggestions from the experts on how students—or really anybody—can reduce the risk they will eventually be replaced by AI.

Cultivate your ability to work with other people, including jerks

AI can write computer code, improve grammar and solve math problems, but so far it lacks the ability to mediate squabbles among colleagues, charm potential clients over cocktails or soothe angry customers. So developing those skills may be one of a job applicant’s best selling points.

Anything that requires talking and cooperating with strangers is helpful. That includes volunteering in a nursing home or an after-school youth program, or leading an on-campus club or sport. Jobs that require dealing directly with lots of other people, including jerks, are an educational opportunity. “If you’re a waiter you will understand human beings better,” says Chamorro-Premuzic.

Go wide and avoid hyper-specialisation

Focusing too heavily on one type of expertise could be a mistake if, as expected, AI eliminates lots of jobs in some specialties. It isn’t a risk only for technology fields like computer science; other fields such as accounting and finance are also being transformed by AI.

Instead, experts recommend having a portfolio of skills.

“If you have one skill, you compete with the masses that have that same one skill,” says Anna Esaki-Smith , author of “Make College Your Superpower.” In contrast, she says, “Should you stack on another skill, you become qualified for a wider range of opportunities.”

That could mean adding a minor or two to a major or going for a double major. It also could involve a strategic selection of electives. D. Raja , chief executive of CEI, a Pittsburgh information-technology consulting firm, says he increasingly looks for job candidates who have both technical skills and a grounding in business, enabling them to understand clients’ needs. An M.B.A. stacked atop a computer-science degree is one good strategy, he says.

Though a range of skills and knowledge is an advantage, it’s still important to develop deep expertise in at least one or two areas. “AI has disrupted superficial expertise,” Chamorro-Premuzic says. In other words, you have to know more than generative AI programs can spit out in a minute or two.

Show you can organise a big project and get it done

If AI will do at least some of the grunt work, people will still be needed to devise strategies and carry out complicated projects. Machines do pieces of work, but “we still need big-picture humans to put it all together,” says John Behrens , director of the technology and digital studies program at the University of Notre Dame.

To help students learn how to manage complexity, many universities require them to complete a capstone project before graduation. Those can include primary research, ambitious artworks or community-service projects.

Vanderbilt University calls such projects “immersion.” For his Vanderbilt project, Logan Glazier is converting an old school bus, once consigned to the junkyard, into an RV with solar panels mounted on the roof to power his refrigerator and other appliances.

He expects to finish the project within a few months, before graduating next spring with a degree in civil engineering. Glazier had to sell his idea to university administrators, persuade them to give him space to work on the bus, develop a plan and find materials. He watched dozens of YouTube videos and consulted with Vanderbilt professors.

He recalls the reaction he got from people at the engineering consulting firm HNTB when they heard about the project: “Wow, that’s really cool!” He got an HNTB internship in 2023 and recently accepted a full-time job at the firm starting in May, after his graduation.

Be open to new experiences

As AI and other technological changes make career paths less predictable, adaptability will be an advantage. “We don’t know what the world is going to be like in five years or 10 years,” says Behrens.

Students can develop their adaptability by seeking out new experiences, such as studying abroad or taking unconventional courses. At Carnegie Mellon University, renowned for computer science and robotics, one of the most popular electives is “Acting for Non-Majors,” offered by the Pittsburgh school’s drama department. Students have long taken the course, but now demand has soared as students see it as a plus in the job market, forcing them to shed their inhibitions and engage with other people in unscripted ways.

This year, to accommodate demand, CMU quadrupled the capacity of the course.

“It’s exhilarating,” says Emily Ma , a math major. “Acting forces you to step outside your comfort zone.” That’s particularly important for a generation of young people who were isolated during the Covid-19 pandemic and spent far more time staring at screens than they did engaging directly with people.

Be a moderate misfit

Amid all the changes AI is bringing, companies want fresh thinking. So one route to success is to be a “moderate misfit,” unhappy with the status quo and ready to innovate, says Chamorro-Premuzic. By moderate, he means that “you fit in well enough and work well with others but are not so bland and risk-averse as to lose the desire for change and progress.”

Chamorro-Premuzic advises young people not to seek employers that fit perfectly with their values but rather to “look for places they like but which they also dream of transforming and improving.”

AI is like a B+ student and can tell you what the average person would say, says Matthew Rascoff , vice provost for digital education at Stanford University. A+ work, he says, is the product of an individual brain with a distinctive voice. So he urges students to develop their own voices and identities. “The more you outsource” to AI, he says, “the less you are developing that muscle.”



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Australian shares fell on Thursday as Wall Street weakness, rising oil and persistent rate concerns weighed on most of the market. The S&P/ASX 200 declined 0.72 per cent to 8,702. The All Ordinaries lost 0.66 per cent to finish at 8,897. Mining stocks were hit particularly hard, while real estate also dragged on the index. …

Borrowers cannot control the Reserve Bank, but they can control how exposed their household budget is to its next decision. The RBA meets on 29 September with inflation concerns still elevated and major-bank economists increasingly bringing forward their rate-rise calls. Fixed mortgage rates have also been moving, reducing the value of waiting for perfect certainty. …

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Australian shares fell on Thursday as Wall Street weakness, rising oil and persistent rate concerns weighed on most of the market.

The S&P/ASX 200 declined 0.72 per cent to 8,702. The All Ordinaries lost 0.66 per cent to finish at 8,897. Mining stocks were hit particularly hard, while real estate also dragged on the index.

Energy was the notable exception, gaining more than one per cent as Brent crude traded above US$103 a barrel. Oil had moved higher amid uncertainty surrounding potential US diesel-export restrictions and broader geopolitical supply risks. The move supported energy producers but renewed concern about inflation inputs across transport and the wider economy.

Gold shares were weak even as spot bullion remained historically elevated. The All Ordinaries Gold index fell about 2.25 per cent, showing that equity performance can diverge from the commodity because of valuation, currency, operating and company-specific factors.

Zip was a prominent loser, falling 11.38 per cent after the company reported short sales after the previous close. Nine Entertainment also weakened after UBS analysts warned of near-term revenue challenges associated with its advertising-supported subscription tier.

Premier Investments led larger winners despite caution about the retail environment. Breville, in which Premier owns a significant stake, also appeared among leading movers. In the broader ASX 300 screen, Myer gained 11.43 per cent and MAAS Group rose 7.93 per cent, while Lotus Resources fell 10.53 per cent. These percentage moves should be checked against company announcements and trading liquidity before attributing causes.

The Australian dollar was broadly flat at US70.38 cents. Spot gold was around US$4,280 an ounce, Brent crude approximately US$103.08 a barrel and iron ore near US$96.90 a tonne late in the session.

The rate outlook remains the central domestic catalyst. Labour-market weakness has not eliminated the possibility of an RBA increase next week, leaving banks, listed property and other rate-sensitive sectors exposed to changing expectations.

Market dashboard

S&P/ASX 200: 8,702, down 0.72 per cent.

All Ordinaries: 8,897, down 0.66 per cent.

Best sector: Energy, up more than one per cent.

Weakest areas: Real estate and materials were the major drags; confirm final sector percentages before publication.

Material winner: Premier Investments led the large-company gainers. Confirm its final closing move from the ASX before publication.

Material loser: Zip, down 11.38 per cent.

ASX 300 percentage leader: Myer, up 11.43 per cent.

ASX 300 percentage laggard: Zip, down 11.38 per cent.

AUD/USD: Approximately US$0.7038, broadly flat.

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