When do we declare this status-quo? It was expected for several years, and new data is just piling up with the same conclusions from the last study.
AI is hitting entry-level jobs hardest, Stanford study finds
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Re: AI is hitting entry-level jobs hardest, Stanford study finds
#32It's brutal, my son with a CS degree hasn't been able to get to single live interview ina year. A couple of screens has been it. I've reached out to my network, and the reply is always we're not hiring any juniors.
Re: AI is hitting entry-level jobs hardest, Stanford study finds
#33i remember seeing the stats presented on moonshots podcast about 3 months ago. they said every quarter, the percentage of CS fresh grads decreased their placement roughly 10% or so and it was down to about 19% at last count and entry level salaries down from 96K to 61k, if i recall.
Re: AI is hitting entry-level jobs hardest, Stanford study finds
#34So 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.
My really big worry is that the people making these choices just do not care about a single thing beyond this single generation Not a psychologist but my take on most of the wealthy people in the world is they are essentially narcissistic hedonists. They only care about growing wealth as a means to the end of maximizing the amount of fun they can have and to keep their egos happy that they have the most. They don't s…
You’re probably not wrong. I’ve gone from being essentially destitute as a child to what people would call “well-off” and having the context of both experiences is…eye opening.
I have moneyed acquaintances now that I never would have had before. For some of them the mere hint of their income being reduced in any way is enough to send them into spasms. These are people with enough money for their next 3 generations to live off of. Luxuriously.
I just don’t get it.
Re: AI is hitting entry-level jobs hardest, Stanford study finds
#35I 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…
Masters degrees are a way for people to spend longer in the education-costs-more-than-the-value-to-the-educator phase of their career.
Re: AI is hitting entry-level jobs hardest, Stanford study finds
#36I wish there were studies on when this situation will normalize. Will the lost jobs ever come back? Or not?
Did horse and cart operators ever get their jobs back?
This is unironically the best comparison.
maybe they became taxi drivers. But that too will be gone soon.
Can't beat capitalism + technological innovation.
Re: AI is hitting entry-level jobs hardest, Stanford study finds
#37I wish there were studies on when this situation will normalize. Will the lost jobs ever come back? Or not?
I would plan based on the lost jobs not coming back. I would also plan that the trend of AI getting better and taking more jobs will continue. Plan for the worst, hope for the best.
A lot of people may have to transition to careers that people do not want to have AI do, like nursing. The earlier you start such a transition the easier it is because you still have resources to make moves.
Re: AI is hitting entry-level jobs hardest, Stanford study finds
#38I wish there were studies on when this situation will normalize. Will the lost jobs ever come back? Or not?
Did horse and cart operators ever get their jobs back?
I mean... yes.
Blacksmiths, wheelwrights, and wainwrights transitioned to auto mechanic or carpentry work. Not all of them, but for most the skills were portable. Several of the carriage-making businesses transitioned to automobiles. Studebaker and Oakland (which became Pontiac), for example. I'm sure the most experienced people lost big, of course, and we shouldn't minimize the damage done to people's livlihoods.
Unless you mean taxicab drivers, which was the term for them before the automobile. Taxicab = taximeter cabriolet, and a cabriolet is a style of horse-drawn carriage.
It really was the horse people that lost out the most. That's why the idiomatic reference is for buggy whips, not so much for buggies themselves.
Re: AI is hitting entry-level jobs hardest, Stanford study finds
#39It's brutal, my son with a CS degree hasn't been able to get to single live interview ina year. A couple of screens has been it. I've reached out to my network, and the reply is always we're not hiring any juniors.
I don’t understand this logic. If I’m being honest, the most productive people with AI on my team are the two youngest. They don’t have product wisdom, yes, but the gap is so noticeable that I pushed my manager to forego the full-time work experience requirement that we have always had so that new hires don’t even know the old way of working and can just reframe the field in terms of AI.
AI is the biggest threat in over a generation to seniors who aren’t investing in keeping up. Managers without an instinct for AI are an endangered species as well.
Re: AI is hitting entry-level jobs hardest, Stanford study finds
#40It's brutal, my son with a CS degree hasn't been able to get to single live interview ina year. A couple of screens has been it. I've reached out to my network, and the reply is always we're not hiring any juniors.
Right now my company seems to be only hiring people they already know or have worked with before. Every single hire in the last 4 months I've seen get on-boarded has been back-channeled. I've had 4 direct referrals and none of them have gotten in but all made it to the final round just to be surpassed by someone the hiring manager already knew and liked from their previous teams. Even with a strong referral it's hard!