“businesses may face higher training costs“
AI can lead one to really bad conclusions if not careful.
The above quote is one example.
Businesses don’t do training for the most part as this cost has been externalized in most instances.
The vast majority of job postings require candidates to be fully trained before being hired, usually on the candidate’s own dime.
Well, research says:
The idea that corporate training is "dead" is a myth—global corporate training is actually a massive industry valued at nearly $450–$490 billion. However, your observation catches a very real economic reality: businesses have aggressively externalized the foundational costs of training, changing what they are willing to pay for. - https://skillforcelms.com/blog/corporate-training-statistics/