At the Milken Institute Asia Summit in Singapore on October 8, 2026, Goldman Sachs' Asia Pacific (excluding Japan) head Kevin Sneader said new hires will manage AI agents from day one instead of waiting years to become managers, and reassigning existing mid-level managers will be a generational challenge across many fields. Co-panelist Sandra Peterson, operating partner at Clayton, Dubilier & Rice, said the traditional career ladder may disappear, while MAS Managing Director Chia Der Jiun said operational staff will need to transition into managers and supervisors of AI agents, and banks will need fewer fresh graduates for analytical and preparatory roles.