SignalFire: startups and Big Tech firms cut hiring of recent graduates by 11% and 25% respectively in 2024 vs. 2023, as AI can handle routine, low-risk tasks

Comments

• Thedogdrinkscoffee@lemmy.ca ⁨2⁩ ⁨days⁩ ago

  Complaints of labour shortages in 5…4…

  source
• orca@orcas.enjoying.yachts ⁨2⁩ ⁨days⁩ ago

  Can’t eventually have senior engineers without giving junior engineers a chance, so good luck with that. I’ve got nearly 2 decades under my belt and I’m ready to leave.

  source

  • stealth_cookies@lemmy.ca ⁨2⁩ ⁨days⁩ ago

    This is definitely a problem in sectors that are boom/bust. You have senior engineers ready to retire and nobody is ready to move up into their positions because there just aren’t any intermediate level engineers in the industry.

    source

    • ReallyActuallyFrankenstein@lemmynsfw.com ⁨1⁩ ⁨day⁩ ago

      Tech execs when the shortage hits: I just had a brilliant idea! Let’s just give untrained junior vibe-coding engineers the power of senior engineers, and even more AI tools. Problem solved forever, bonus please!

      source
• kescusay@lemmy.world ⁨2⁩ ⁨days⁩ ago

  There’s inevitably going to be some rebounding from this. It’s probably true that the large language models these companies are betting their businesses on can do some of the things entry-level grads do, but we’ve already seen several of them fail because their MBAs didn’t realize that just barfing out code is only one part of what developers do.

  Source: Am developer, currently working with LLMs and related tech, none of which would be able to get anywhere without someone like me doing the work.

  source

  • ExcessShiv@lemmy.dbzer0.com ⁨2⁩ ⁨days⁩ ago

    The even bigger issue is probably the lack of senior devs in 10 years because they never got hired in the first place.

    source

    • WhatAmLemmy@lemmy.world ⁨2⁩ ⁨days⁩ ago

      Great news! All the high skilled service economy jobs will be outsourced to the developing world for slave wages and we will be incinerated to power AI art.

      source
• MagicShel@lemmy.zip ⁨2⁩ ⁨days⁩ ago

  What kind of low risk tasks is a startup doing? I predict a lot of companies that are never going to generate value.

  source
• anachrohack@lemmy.world ⁨2⁩ ⁨days⁩ ago

  Bullshit, I don’t believe it

  source

  • Pro@programming.dev ⁨2⁩ ⁨days⁩ ago

    He said:

    Bullshit, I don’t believe it

    What he meant to say:

    Please, don’t be true.

    source

    • anachrohack@lemmy.world ⁨2⁩ ⁨days⁩ ago

      I believe that hiring is down but I have yet to see any evidence that it’s due to AI adoption. This is a narrative pushed by the media because they REALLY REALLY want it to be true

      source

      • -> View More Comments
• seven_phone@lemmy.world ⁨2⁩ ⁨days⁩ ago

  Who would have predicted it would come for its own first.

  source