Many firms are now slashing their number of new hires.
Yes. This sucks.
The main cause of this is artificial intelligence
Unlikely.
The main cause for a chill in hiring tends to be uncertainty about the future. And we know that folks are feeling high uncertainty about the future, right now. (Gestures broadly at current headlines in general and “Not The Onion”, in particular.)
Historically, uncertainty about the future is particularly high when the people have low confidence that existing and new laws will be applied in a predictable manner.
I’ll leave exactly what changed on that front as a thought exercise.
AI is interesting, but it is not the primary cause of the chill in hiring new graduates.
AI just gives executives an excuse to layoff their staff without spooking their investors.
Agreed, and unfortunately articles like this are food for CEOs to do more under the guise of AI. “See, it works!”
ill hazard a guess, just like 10 years ago when thier hiring was already pretty bad, listings implies FULLY trained applicants are required and or h1b visa holders, they dont want to waste money to train people from the ground up, they expect you to have years of experience by the time of graduation.
My company transitioned to using contractors for low experienced new hires. Our only reqs being approved by management are 10+ YOE.
Sorry kids, time to apply to a few more places.
I was looking for this comment. This is it—not AI.
just need to change your name to “AI” and suddenly every company will want you
More lifehacks next time
Make sure you don’t put “Al” by mistake though. You’ll only get offers to be part of “bodyguard/long-lost pal” collaborations with people called Betty.
but why am I soft in the middle? The rest of my life is so hard!
Remember the meme about everyone could have a 32 hour work week and three-day weekends (and a productivity boost) but the billionaires are opposed?
Well everyone could have post-scarcity communism but the billionaires are opposed.
Who could have seen this coming!
The idea of a world driven by robots empowered by AI methods, is really great. It gives freedom to everyone with almost no costs. Just doesn’t work so well with a capitalistic society as the one we currently have.
Such uses demand a non-capitalistic socio-economic system. Like some form of communism.
graduating is not daunting. not by any stretch. in fact, that’s the point where life peaks. everything after is a steep downhill ride.
yes, ai adoption has turned that downhill run into a cliff. but if someone thinks graduation is even remotely daunting, then they would struggle even in the most non-ai of worlds.
Did you read the article, or is this just a hot take on the headline
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I think the younger generation might be the first one that can’t buy into the bullshit society sells you at the labor market.
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Oh look, more fake election results. You need to stop saying things until you can recognize when a “factoid” isn’t even remotely close to believable reality.
That’s can be true and it is ok.
But from the “don’t buy the bullshit” to “be a decent worker” there is a very big difference.
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It reeks of shitty boss. I’ve heard the same bullshit from old folks 20 years ago that couldn’t use their computers to save their live.
When everyone’s an asshole, the common factor is you.
Okay, bro.
Social contract has been broken, why should they keep abiding by the terms?
