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AI adoption linked to 13% decline in jobs for young U.S. workers: study

cnbc.com

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Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#211

Post by blharr »

jameslk wrote: post #207
kerblang wrote: post #180

High interest rates + tariff terror -> less investment -> less jobs But let's blame AI

Since this article is about AI, and since this comment seems rather low effort compared to the Stanford study, I went ahead and used low effort to analyze the report compare it to this comment. Here's my low effort AI response: > Prompt: Attached is a paper. Below is an argument made against it. Is there anything in the paper that addresses the argument?: High interest rates + tariff terror -> less investment -> less…

Fitting, since it came up with unrelated information (the R&D tax thing) and the 3rd bullet point. Also started talking about tariffs as if it had addressed them, then notes that it doesn't address them.

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#212

Post by sumedh »

bilsbie wrote: post #156

AI is the popular cover excuse for layoffs. I can’t think of a single job that modern AI could easily replace.

I used to hire someone who worked part time from home to bookmark some of the key pages in thousands of pdfs just so that I can directly jump to those pages instead of spending time myself on finding those pages.

AI can now do it very cheap so no need to give that job to a human anymore.

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#213

Post by bb88 »

kerblang wrote: post #180

High interest rates + tariff terror -> less investment -> less jobs But let's blame AI

Here's the study:

https://digitaleconomy.stanford.edu/publications/canaries-in...

It looks like they're looking at data for the last few years, not just the last few months.

I haven't read it, and maybe you can disagree with their opinions, but there does appear to be a slow down in college graduates recently.

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#214

Post by trollbridge »

folkrav wrote: post #204
kerblang wrote: post #180

High interest rates + tariff terror -> less investment -> less jobs But let's blame AI

Do you consider things to be that single-faceted, that other factors cannot realistically be a part of the equation?

I have to admit that something is "single-faceted" would be a nice break from hearing that something is "complex and multifaceted".

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#215

Post by wtbdbrrr »

As I see it, it's really the lack of "capitalists" willpower to be actually capitalist.

We can't call it incompetence because neither those whom we have come to know as capitalists nor their advisors are incompetent, which means they quite literally do not want to offset any decline in jobs or (job creation) that can be linked to progress.

That's not strange. A "capitalist" wants market participation to grow, infinitely, which is possible. Who we came to know as capitalists don't care about the markets, actual market growth or market participation. They only care about the growth of the value of the markets, "however" that happens.

I highly recommend that journalists and economists dig a bit more radically honest into the matter. There'd be more value in that, more blog posts, more articles, more discussions on all platforms, and thus more participation.

I mean it's a scapegoat vs straw man vs actual culprit kind of situation ... isn't it?

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#216

Post by alehlopeh »

jordanb wrote: post #11
AndrewKemendo wrote: post #6

Earlier quoted context omitted.

Too bad engineers were “too important” to unionize because their/our labor is “too special .” I think you could find 10,000 quotes from HN alone why SDEs were immune to labor market struggles that would need a union Oh well, good luck everyone.

This was when programmers were making software to time Amazon worker's bathroom breaks so believing "this could never happen to me" was probably an important psychological crutch.

Saying “programmers” did this is about as useful as saying humans did it.

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#217

Post by oldpersonintx2 »

lm28469 wrote: post #149
elif wrote: post #101

Earlier quoted context omitted.

In 2025 you can add quality to jpegs. Your phone does it and you don't even notice. So the rhetorical metaphor employed holds up, in that AI is rapidly changing the fundamentals of how technology functions beyond our capacity to anticipate or keep up with it.

> add quality to jpegs Define "quality", you can make an image subjectively more visually pleasing but you can't recover data that wasn't there in the first place

You can if you know what to fill from other sources.

Like, the grill of a car. If we know the make and year, we can add detail with each zoom by filling in from external sources

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#218

Post by b112 »

ToValueFunfetti wrote: post #208
kerblang wrote: post #180

High interest rates + tariff terror -> less investment -> less jobs But let's blame AI

You really do have to account for why this is mainly happening in industries that are adopting AI, why it's almost exclusively impacting entry-level positions (with senior positions steady or growing), and why controlling for broad economic conditions failed to correct this. I doubt very much that these three Stanford professors would be blindsided by the concept of rates and tarriffs.

Juniors become seniors.

If we replace all juniors with AI, in a few years there won't be skilled talent for senior positions.

AI assistance is a lot different than AI running the company. Making expensive decisions. While it could progress, bear in mind that some seniors continue to move up in the ranks. Will AI eventually be the CEO?

We all dislike how some CEOs behave, but will AI really value life at all? CEOs have to have some place to live, after all.

Re: AI adoption linked to 13% decline in jobs for young U.S. workers: study

#220

Post by rubyfan »

ToValueFunfetti wrote: post #208
kerblang wrote: post #180

High interest rates + tariff terror -> less investment -> less jobs But let's blame AI

You really do have to account for why this is mainly happening in industries that are adopting AI, why it's almost exclusively impacting entry-level positions (with senior positions steady or growing), and why controlling for broad economic conditions failed to correct this. I doubt very much that these three Stanford professors would be blindsided by the concept of rates and tarriffs.

Given the timeline this is more likely a reversion to the mean following the end of zero interest rate policy.
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