Live data from Hacker News

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

personneltoday.com

21–30 of 186 posts

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

#21
post #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.

Basically data entry then?

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

#22
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 w…

But presumably you could have built it before, just slower, which is the point. For now, that speed-up just looks like a win because it’s novel, but eventually the speed-up will be baked into people’s expectations.

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

#23
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 am not asking this as a gotcha, but a genuine curiosity for you or other people who find AI is helping them in terms of multiples. What is your workflow like? Where do you lean on AI vs not? Is it agentic stuff is tab by cursor?

I find AI helpful but no where near a multiplier in my day to day development experience. Converting a csv to json or vis-versa great, but AI writing code for me has been less helpful. Beyond boiler plate, it introduces subtle bugs that are a pain in the ass to deal with. For complicated things, it struggles and does too much and because I didn't write it I don't know where the bad spots are. And AI code review often gets hung up on nits and misses real mistakes.

So what are you doing and what are the resources you'd recommend?

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

#24
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…

That makes sense to me. There's another post on the front page right now talking about shortening the work week (I haven't read it yet tbf, so I could be wrong about it's content) because of AI. People have been talking about shorter work weeks for a long time now, it just doesn't happen. What does happen is we get more done and the GDP goes even higher.

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

#25
post #8

It's not AI. We are in a recession caused by fear and instability. Tech may just be dying in general. This could finally be the collapse we have been waiting for. While the US was allowing capitalists to hoard all of the USs excess capital, China was facilitating the development of important industries via central planning. Look at Intel. The owning class has become so greedy and incompetent. They aren't even running…

If you are going to call it a collapse of the US, first understand that it is a UK jobs report, and second, the top line number is job growth. Also, why are you waiting for collapse?

year-on-year growth remained positive at +0.49%, marking the third consecutive month of annual improvement and suggesting a slow but steady recovery from the recent market slump.

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

#26

Earlier quoted context omitted.

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 w…

But presumably you could have built it before, just slower, which is the point. For now, that speed-up just looks like a win because it’s novel, but eventually the speed-up will be baked into people’s expectations.

Right, I'm just pointing out that if you're "never going to get there anyway," then going 4x faster isn't going to help.

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

#27
post #23
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 am not asking this as a gotcha, but a genuine curiosity for you or other people who find AI is helping them in terms of multiples. What is your workflow like? Where do you lean on AI vs not? Is it agentic stuff is tab by cursor? I find AI helpful but no where near a multiplier in my day to day development experience. Converting a csv to json or vis-versa great, but AI writing code for me has been less helpful. Beyo…

4x is a number I pulled out of thin air. I'm not sure I even yet believe there is a net positive effect of using AI on productivity. What I am sure about in my own workflow is that is saves me time writing boilerplate code - it is good at this for me. So I would say it has saved me time in the short-term. Now does not writing this boilerplate slow me down long-term? It's possible, I could forget how to do this myself, some part of my brain could atrophy (as the MIT study suggests). How it affects large teams, systems and the transfer of knowledge is also not clear.

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

#28
post #8

It's not AI. We are in a recession caused by fear and instability. Tech may just be dying in general. This could finally be the collapse we have been waiting for. While the US was allowing capitalists to hoard all of the USs excess capital, China was facilitating the development of important industries via central planning. Look at Intel. The owning class has become so greedy and incompetent. They aren't even running…

Look at Nvidia (also US company) instead of Intel, it's what now, a $3T market cap? BTW, that capital was created, not hoarded. Many companies fade from glory or their peak at various times, but capitalism ensures that a dynamic and ever-shifting set of companies is thriving based on demand and efficiency. The train keeps going.

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

#29
post #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!

And yet, you can still claim 100% of your code to be bug free :D

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

#30
post #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.

How much does the solution cost vs the headcount? How reliable is the solution vs the headcount in non-typical scenarios?

Always the first questions I ask.

Post reply on HN