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Entry-level jobs down by a third since launch of ChatGPT

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Re: Entry-level jobs down by a third since launch of ChatGPT

#12
post #9

I think it is possible that the widespread introduction of ChatGPT will cause a brief hiatus on hiring due to the inelasticity of demand. For the sake of argument , imagine that ChatGPT makes your average developer 4x more productive. It will take a while before the expectation becomes that 4x more work is delivered. That 4x more work is scheduled in sprints. That 4x more features are developed. That 4x more projects…

omg 4x scrum master inbound we are gonna be so agile

Re: Entry-level jobs down by a third since launch of ChatGPT

#13
post #9

I think it is possible that the widespread introduction of ChatGPT will cause a brief hiatus on hiring due to the inelasticity of demand. For the sake of argument , imagine that ChatGPT makes your average developer 4x more productive. It will take a while before the expectation becomes that 4x more work is delivered. That 4x more work is scheduled in sprints. That 4x more features are developed. That 4x more projects…

We just shipped a major feature on our SaaS product. We, of course, used AI extensively.

The thing is, this feature leaned on every bit of experience and wisdom we had as a team --things like making sure the model is right, making sure the system makes sense overall and all the pieces fit together properly.

I don't know that "4x" is how it works --in this case, the AI let us really tap into the experience and skill we already had. It made us faster, but if we were missing the experience and wisdom part, we'd just be more prolific at creating messes.

Re: Entry-level jobs down by a third since launch of ChatGPT

#14
post #9

I think it is possible that the widespread introduction of ChatGPT will cause a brief hiatus on hiring due to the inelasticity of demand. For the sake of argument , imagine that ChatGPT makes your average developer 4x more productive. It will take a while before the expectation becomes that 4x more work is delivered. That 4x more work is scheduled in sprints. That 4x more features are developed. That 4x more projects…

I've personally managed to produce roughly 8x the production outages and show-stopper bugs than I did before LLMs, so thing are looking pretty good!

Re: Entry-level jobs down by a third since launch of ChatGPT

#15
post #12
post #9

I think it is possible that the widespread introduction of ChatGPT will cause a brief hiatus on hiring due to the inelasticity of demand. For the sake of argument , imagine that ChatGPT makes your average developer 4x more productive. It will take a while before the expectation becomes that 4x more work is delivered. That 4x more work is scheduled in sprints. That 4x more features are developed. That 4x more projects…

omg 4x scrum master inbound we are gonna be so agile

Moving very fast, but going nowhere.

Re: Entry-level jobs down by a third since launch of ChatGPT

#16
post #9

I think it is possible that the widespread introduction of ChatGPT will cause a brief hiatus on hiring due to the inelasticity of demand. For the sake of argument , imagine that ChatGPT makes your average developer 4x more productive. It will take a while before the expectation becomes that 4x more work is delivered. That 4x more work is scheduled in sprints. That 4x more features are developed. That 4x more projects…

Things should get even out with the 4x salary increases we'll also get thanks to that extra productivity, right?

Re: Entry-level jobs down by a third since launch of ChatGPT

#19
I was talking to the head of accounting for a small biz the other day, and they were talking about buying an AI accounts payable solution. And how typically they would hire a person for this but now they use the AI.

Now this solution might not even use an LLM , it existed pre-chatgpt , but I think the word of mouth of chatgpt and AI is causing business people to seek out automations where they would normally hire.

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