Recruiters say AI is cutting UK job openings, call for robot taxes

A recent study from recruitment agency Reed reveals that 52% of hiring managers think artificial intelligence is leading to fewer job openings in the United Kingdom, and 36% say the technology has already reduced recruitment in their own organisations. The survey comes after International Monetary Fund head Kristalina Georgieva described AI as a "slow-moving tsunami" that could eventually affect about 40% of all jobs globally.

Reed founder James Reed is using the data to push for higher taxes on companies that substitute human workers with AI or automation, arguing that the tax system must keep pace with changing labour markets. While many firms are already deploying AI for tasks such as CV screening, skills matching and drafting job ads, Reed warns that the trend could especially harm entry-level seekers. He stresses the need to balance productivity gains with protecting employment opportunities for the next generation.