"Young people are having a harder time finding a job than they used to, and it’s been going on for a while, at least 10 years"
Come on, there seems to be no evidence pointing to AI almost admitted by the journalist, much stronger evidence of a general weakening since perhaps the great recession.
"Luckily for humans, though, skepticism of the strong interpretation is warranted. For one thing, supercharged productivity growth, which an intelligence explosion would likely produce, is hard to find in the data. For another, a New York Fed survey of firms released last year found that AI was having a negligible effect on hiring. Karin Kimbrough, the chief economist at LinkedIn, told me she’s not seeing clear evidence of job displacement due to AI just yet. Instead, she said, today’s grads are entering an uncertain economy where some businesses are so focused on tomorrow’s profit margin that they’re less willing to hire large numbers of entry-level workers, who “often take time to learn on the job.”
The argument seems to be "Despite no evidence, and unclear correlation in the graph, what if the problem is AI?
techpineapple•9mo ago
One thing I do think we should rethink is how we promote and pay for college for everyone. I don't know if this is directly related, but it seems that essentially we're seeing inflation/devaluing of titles.
If the progressive case is "Everyone should be able to get the training they need to get a living wage job." I don't think maximizing college is the best way to get there, in fact, this may be evidence that we're seeing that devaluing in the data. So many complaints about how entry level jobs require a college degree, and that's probably just because it's become a generic differentiator and not actually required for skill.
cratermoon•9mo ago
I still maintain a big part of the problem is companies trying too hard to find the perfect fit of someone who already knows all the tech stack they use ("hit the ground running") and near-perfect culture fit, and they want to lowball the pay and benefits.
Companies don't want to do any training,
don't want to level up and promote juniors from within,
are highly averse to regretted hires,
and don't want to pay for what they want.
There are people out there with skills, experiences, motivation, and discipline, but no human is a perfect fit for everything,
so we see this broken job market where companies claim they can't find employees at the time people are unable to land even an interview.
techpineapple•9mo ago
"Young people are having a harder time finding a job than they used to, and it’s been going on for a while, at least 10 years"
Come on, there seems to be no evidence pointing to AI almost admitted by the journalist, much stronger evidence of a general weakening since perhaps the great recession.
"Luckily for humans, though, skepticism of the strong interpretation is warranted. For one thing, supercharged productivity growth, which an intelligence explosion would likely produce, is hard to find in the data. For another, a New York Fed survey of firms released last year found that AI was having a negligible effect on hiring. Karin Kimbrough, the chief economist at LinkedIn, told me she’s not seeing clear evidence of job displacement due to AI just yet. Instead, she said, today’s grads are entering an uncertain economy where some businesses are so focused on tomorrow’s profit margin that they’re less willing to hire large numbers of entry-level workers, who “often take time to learn on the job.”
The argument seems to be "Despite no evidence, and unclear correlation in the graph, what if the problem is AI?
techpineapple•9mo ago
If the progressive case is "Everyone should be able to get the training they need to get a living wage job." I don't think maximizing college is the best way to get there, in fact, this may be evidence that we're seeing that devaluing in the data. So many complaints about how entry level jobs require a college degree, and that's probably just because it's become a generic differentiator and not actually required for skill.
cratermoon•9mo ago