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> While we find employment declines for young workers in occupations where AI primarily automates work, we find employment growth in occupations in which AI use is most augmentative.

Maybe there is some hope if they can't fully automate the job with AI.

AI is wrecking young Americans' job prospect... making this the strongest job market they'll ever see.
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Who knows of a good written critique of this paper written by experts in causal analysis?
This could be the next iteration of stealing talent to prevent others from owning the market. An actually intelligent investor could dominate by bucking the trend and hire lots of smart, eager junior candidates.

When other tech companies realize GenAI will never produce what they want, there will be a rush to re-hire developers.

Top talent all started as junior talent. Grab that pool so nobody else will have it.

AI has also introduced an extra cost for the self employed, in the form of ai fee charged for AI optimisation "GAIO",on top of seo fee's on top of hosting and development costs, which can easily be more than 5% of gross for a small business starting out.
How many people are just assuming the study is true or false based on what you already think is the case?

Better instead to use our collective brain power for something more productive. Such as digging into the various possible causal factors and understanding if the paper properly addresses and disentangles them.

all the tech companies are filled to the brim with h1b visa holders working around the clock for average pay. this has nothing to do with ai, and everything to do with importing workers that are desperate to be here, and so work like dogs.

fresh college grads are competing with foreign visa holders that have years of experience

IMO AI is going eat most jobs - including the experienced ones - it's just a matter of time. There is no sugar coating this unfortunately.
The articles title combined with the much more middle of the road sub title and then a final request that you give them money to figure out what the fuck is going on is all you need to know about the journalists integrity.
I'd love for someone who has read more of the background studies to comment on how Occupational AI Exposure is being measured. The methodology sounds reasonable but I don't know anything about how they're actually labeling tasks and how reliable that process is.
One crazy stat --

In 2024, 21% of all bachelor's degrees awarded were Computer Science from University of Maryland College Park.

It was 3% in 2011.

I don't agree with the article that AI is wrecking job prospects. I see it is as companies are just now trending towards running leaner vs hiring every good engineer available during ZIRP.

Nonetheless, it's gotta be tough out there for new grads.

https://www.usmd.edu/IRIS/DataJournal/Degrees/?report=Degree...

This will be very interesting.

So far in the Industrial Revolution, automating away jobs has been how we've getting richer and richer for centuries.

If AI automates away half of all jobs, and this holds we will - after an adjustment period - double GDP and collectively be twice as wealthy!

If that actually happens, it solves many currently "unsolvable" societal problems.

I'm pretty sure that it does, but the adjustment period might be longer than we'd wish.

1. High interests rate. 2. Too many bootcamps. We can close this topic.
Job prospects down, immigration up. Someone make it make sense.
How much of the glut of new compsci/sweng young people is the result of real market demands, vs social media personalities creating the appearance of a demand?

My observation is that, between 2019 and 2023, there were many creators shilling this, and probably quite good livings made off views and clicks. Could social media have amplified this, “fakely”?

I have been thinking. Maybe there is just less demand for software? Or at least less willingness to invest in it. Thus less jobs. And reasons for this is varied. Whole AI is just coincidental.
"While anecdotal evidence has emerged showing AI's effects on certain professions, such as software coding, there has been little harder evidence that the technology was significantly weighing on the labor market."

Anecdotal evidence accompanied by repeated wild speculation about _other_ occupations, including ones with educational and certification requirements

"The Stanford economists first looked at areas where AI can automate many of the tasks workers perform, and therefore potentially replace them. Those include jobs such as software developers, receptionists, translators and customer service representatives."

Generally, none of those require professional certification or even a college degree; they are "unregulated"

https://www.state.gov/wp-content/uploads/2019/06/Guidance-on...

"Head counts among customer service representatives a category that, unlike software development, generally doesn't require a college education followed a similar pattern."

The author assumes that software development requires a college degree

NB. Even if it is common to have one this is not the same as a legal requirement

https://www.nocsdegree.com/blog/companies-that-hire-programm...