The next generation is fucked. Boomers revenge is in full swing.
this post was submitted on 17 May 2025
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The article itself says that it isn’t clear whether AI is causing significant job displacement yet, but here are a few personal observations:
Companies want the best “bang for their buck”. That includes saving money on hires and giving up quality of their product for additional profits. New hires take time to screen, interview, and train - all of which takes time and money that companies appear impatient to dedicate. It would not surprise me if some of them wanted to try using AI for entry level work before resorting to hiring recent graduates.
Another thing the article mentioned which is true is diplomas not having the same worth they used to. As higher education became more accessible and more common, a four year degree became a minimum requirement on many job listings even though just as many of those jobs could be done by someone without a degree if they had adequate training on the job.
There must be a hidden, middle group for whom the job market is easy, because it's also shit for people later in their career.
I recently came across a statistic that employers are using AIs for applicant filtering because there's something like 300 applicants on average for every skilled (white collar) job posting in the US.
Even before AI, some employers would use a program to scan resumes for certain keywords.
There are also companies who already know who they want to hire, but post a listing anyway as a formality.
A combination of being young with a degree, working experience (possibly through an internship), and connections sounds optimal for job seekers, but I think job searching is now a tedious and soul-sucking process for the majority of people.