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Where is the AI jobs crisis?

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Re: Where is the AI jobs crisis?

#71

Earlier quoted context omitted.

Yea, we're basically not hiring anyone that isn't a senior developer already. That's going to be a huge problem eventually but not my problem to deal with. My best advice for folks that want to get into software now is be willing to do it cheap for awhile and then jump once you've developed some skills. If you were getting into this industry for the money you're properly fucked and I hope you didn't load up on debt.…

same applies for seniors as well. ther isn't much distinction of senior vs junior human dev (as in cost and efficiency) compared to AI-dev (cost and efficiency). more so, at current imrpovement rate. in couple more years you would not need seniors anymore either.

This seems pretty unlikely. If it turns out to be true then you don't need a junior or senior dev you can just get a random person from the street and they could do the job.

Re: Where is the AI jobs crisis?

#72
post #71

Earlier quoted context omitted.

same applies for seniors as well. ther isn't much distinction of senior vs junior human dev (as in cost and efficiency) compared to AI-dev (cost and efficiency). more so, at current imrpovement rate. in couple more years you would not need seniors anymore either.

This seems pretty unlikely. If it turns out to be true then you don't need a junior or senior dev you can just get a random person from the street and they could do the job.

that is what CEO of NVIDIA is telling everyone. "everyone is a programmer now".

Re: Where is the AI jobs crisis?

#73
post #29

Anecdotally, there's an AI job crisis for juniors right now

Yea, we're basically not hiring anyone that isn't a senior developer already. That's going to be a huge problem eventually but not my problem to deal with. My best advice for folks that want to get into software now is be willing to do it cheap for awhile and then jump once you've developed some skills. If you were getting into this industry for the money you're properly fucked and I hope you didn't load up on debt.…

This has less to do with LLMs than people think.

The reality is most firms are running out of projects to take that make economic sense.

Note: ECONOMIC SENSE. This has nothing to do with refactoring for the sake of refactoring. Its all to do with earnings growth with respect to the cost of capital.

Re: Where is the AI jobs crisis?

#75

I'll need to look at the underlying data, but it seems that the job "classification/category" should be more important than the raw number. A boost in lower paid/service industry jobs does not mean that there wasn't a loss in a category where AI can be more easily dropped into existing businesses. Data : https://www.bls.gov/news.release/pdf/empsit.pdf

What would cause an increase in the number of open lower paid and/or service industry jobs while simultaneously reducing the number of openings in tech?

Re: Where is the AI jobs crisis?

#76

I'll need to look at the underlying data, but it seems that the job "classification/category" should be more important than the raw number. A boost in lower paid/service industry jobs does not mean that there wasn't a loss in a category where AI can be more easily dropped into existing businesses. Data : https://www.bls.gov/news.release/pdf/empsit.pdf

Average weekly and hourly earnings were up in May [1], though “real average hourly earnings for all employees decreased 0.5 percent from March to April, seasonally adjusted” [2]. Nominal wages being up rejects the hypothesis that folks are being downsized into lower-paying roles. [1] https://www.bls.gov/news.release/empsit.t19.htm [2] https://www.bls.gov/news.release/realer.nr0.htm

be careful with "real" hourly earnings. if they're using the CPI then it can be very misleading. One need only compare nominal wages vs nominal rents per square foot for the last 50 years to see that actual wages have dropped by 30% and yet the "real" hourly average wage calculated via the CPI is flat, falsly implying that actual wages have not dropped.

Re: Where is the AI jobs crisis?

#77

It's crazy that so often I see articles, here on HN and elsewhere, where some pundit claims that there is no AI job crisis, AI isn't replacing any jobs, that layoffs are actually due to post-pandemic ZIRP overhiring, etc. But then people who work in actual tech companies come in and explicitly say they are not hiring any juniors anymore specifically because AI is good enough to do most of what juniors do, and that se…

They probably weren't hiring any junior coders to begin with.

Re: Where is the AI jobs crisis?

#78
To me, it doesn’t make a lot of sense to hire fewer juniors because of AI. This assumes that the only thing AI can’t replicate is experience. This in itself already seems questionable, but most importantly what about creativity, relating to humans, common sense, etc.?

If you had to hire a concierge for a hotel, would you rather take a guest-oriented, quick-witted junior or an AI? If you could either take a Waymo or an 80-year old driver, what would you take?

I don’t believe hiring managers think that one-dimensionally. Roles are unique and in some roles experience is more important than in others. Plus, juniors already balance their lack of experience with lower salary expectations.

The much easier explanation for the anecdotes: companies are more cautious at the moment and if you only have a few positions to hand out, you rather take the proven hand than risking it on someone who hasn’t shown yet that they can do it

Re: Where is the AI jobs crisis?

#79
post #29

Anecdotally, there's an AI job crisis for juniors right now

Yea, we're basically not hiring anyone that isn't a senior developer already. That's going to be a huge problem eventually but not my problem to deal with. My best advice for folks that want to get into software now is be willing to do it cheap for awhile and then jump once you've developed some skills. If you were getting into this industry for the money you're properly fucked and I hope you didn't load up on debt.…

Me and most of my friends from school started in low paying consultant jobs, in fact most from my class dont do software at all only 5 of us had jobs after education ended, this is like 12 years ago, it was also hard back then to get a job, maybe people forgot or something.

Re: Where is the AI jobs crisis?

#80
The expectation of linear presentation of change in a bistable system is gobsmacking here.

If this kind of argument were generally valid, it would imply that:

- all change neither accelerates nor decelerates, which is absurd, on the face of it;

- the initial stages of a deep change are always surface-visible; for instance, cancers announce themselves when they begin to gestate, rather than when they metastasize

- A few recent points of data of questionable significance outweighs a hypothesis with considerable support from reason, intuition, and other (unpresented) data. For example, the plight of recent CS grads, which _is_ new, and _is_ on graphs, just not the one the author here chose.

So, since these implied claims are self-evidently _false_, it means that the author would, at a minimum, need to provide an explanation as to _why in this one instance, these considerations do not matter_; for example, the author could have argued that the graph positioned at the center of their argument is the one to look at (as opposed to, say, recent CS grads,) but that _itself requires further argumentation._

It also does not account for the other obvious possibilities; e.g.,that there is a delay between the (as it were) lightning and its thunder; or that even strongly nonlinear effects would have shown up by now in the metric chosen; etc. But since these contributions were not included in the original post, I have no choice but to discount it.

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