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AI is hitting entry-level jobs hardest, Stanford study finds

arstechnica.com

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Re: AI is hitting entry-level jobs hardest, Stanford study finds

#11

Post by augment_me »

jdw64 wrote: post #3

I wish there were studies on when this situation will normalize. Will the lost jobs ever come back? Or not?

You have market theory saying that at some point, you will not have enough seniors because no juniors were trained. So seniors will become more and more expensive due to lack of supply. At some point, it will be cheaper to take the risk and train the junior entry person again, and things will stabilize out. The sad part is that there will be a generation of 10 years or so of lost juniors while seniors are abundant.

Re: AI is hitting entry-level jobs hardest, Stanford study finds

#12

Post by dominotw »

d_burfoot wrote: post #10

Partly this is because the big companies are diverting vast amounts of money towards building data centers, instead of hiring new grads. I expect young people who learn AI skills will be fine, once the data center spending binge is over.

they really dont need to divert. They are sitting on historical unfathomable amounts of money.

Re: AI is hitting entry-level jobs hardest, Stanford study finds

#15

Post by bcjdjsndon »

vineyardmike wrote: post #9
jdw64 wrote: post #3

I wish there were studies on when this situation will normalize. Will the lost jobs ever come back? Or not?

Those jobs aren’t coming back as-is, because AI isn’t going anywhere. Job markets change over time. I’ve just started transitioning my career closer to management, so I develop/manage roughly 50/50. At this point, if I had to manage a tight budget, I’d rather have an entry level salary as tokens for a senior engineer. We’ll need a way, as a society, to help new adults transitions from education to productive employee…

> But individual companies don’t have aligned incentives.

Be realistic. Would you start a business and risk it's viability giving away free training to the public? No, and neither would anyone else.

Re: AI is hitting entry-level jobs hardest, Stanford study finds

#16

Post by dominotw »

vineyardmike wrote: post #9
jdw64 wrote: post #3

I wish there were studies on when this situation will normalize. Will the lost jobs ever come back? Or not?

Those jobs aren’t coming back as-is, because AI isn’t going anywhere. Job markets change over time. I’ve just started transitioning my career closer to management, so I develop/manage roughly 50/50. At this point, if I had to manage a tight budget, I’d rather have an entry level salary as tokens for a senior engineer. We’ll need a way, as a society, to help new adults transitions from education to productive employee…

are you incharge of making those decisions at work?

maybe govt can tax ai companies and use that money to prearm juniors with tokens that only they can use.

Re: AI is hitting entry-level jobs hardest, Stanford study finds

#17

Post by bcjdjsndon »

Zigurd wrote: post #5

The article assumes that jobs that can be automated are vulnerable. But in the postmortem of the AI driven layoffs so far, it's more that expectations about AI and productivity are driving the job cuts. In other words shareholders and senior management are being shown the appearance of expectations about AI being met, whether or not it's working. Entry-level jobs are an obvious place to look things that can be cut to…

> Entry-level jobs are an obvious place to look things that can be cut to create an AI budget.

Kitchen potwasher, day labourer, apprentice welder etc none of these entry level jobs are affected by an LLM. But nobody on HN works in those industries.... connection maybe?

Re: AI is hitting entry-level jobs hardest, Stanford study finds

#18

Post by slipperybeluga »

suriyaG wrote: post #8

this is a super non-popular take on HN. but the entry-level job market has always been tough. with AI, outside the big tech world, it is hard to justify hiring entry level engineers as the time to train them ( 1 year+ ) to be productive enough is such a drag on the seniors, when the agents deliver things more care and more edge cases.

[dead]

Re: AI is hitting entry-level jobs hardest, Stanford study finds

#20

Post by ofjcihen »

So we have a crunch of expiring/retiring workers on the senior end and a cutoff of the flow of new talent from the junior end.

They’d better pray that we see automation gains above and beyond what we’ve seen so far or else we’ll be paying the price in a single generation.

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