This month, millions of young people will graduate from university in America and look for work in industries that have little use for their skills, view them as expensive and expendable, and are rapidly phasing out their jobs in favour of artificial intelligence.

That is the troubling conclusion of my conversations over the past several months with economists, corporate executives and young job seekers, many of whom pointed to an emerging crisis for entry-level workers that appears to be fuelled, at least in part, by rapid advances in AI capabilities.