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34 Comments
Submission Statement
Every day we are getting closer to the day when AI & robots can do most work – even future, as yet uninvented work – but cost pennies an hour to employ. How soon is that day? Who knows, but I think sometime in the 2030s is a reasonable estimate.
So this logically leads to some questions for people in 2024. If a college education incurs costs that take years, or decades, to pay off. What is the point of doing it when that investment makes no economic sense?
Perhaps the answer for would-be students is to only invest in low-cost options. Community college or online courses. Many people think the worth of college is the professional networks it builds, but will these be of any use either, when the economic disruption of ultra-cheap AI/robot employees is truly upon us?
It’s not that AI is replacing top students, it’s that college degree matters less. And GPA matters even less than that. I don’t care if you had a 2.8, a 3.5, or a 4.0. We put more value today on soft skills like communication, upward management, or time management skills than rote knowledge because knowledge is cheap and accessible but human skills are in short supply.
Your degree doesn’t get you a job.
Your network does.
Students from UC system are notoriously overconfident and underprepared. Too much focus on street smarts and not enough on book smarts, which are still important for jobs.
Student with 4.0 won’t accept job for under 200k starting. Should be the headline.
Its time to stop pretending that a 4.0 GPA is a substitute for actual work experience.
I can confirm. I’m unemployed with a 3.94 GPA, Bachelor of Science in Information Technology.
Finished school last (Spring) semester.
Ok, beyond the 4.0 and Berkeley degree, what are they doing to stand out?
This is a college problem, people pay them 100k+ for a piece of paper and general knowledge, and they still have to ramp up at a job as if they weren’t being trained for four years.
The motivated ones have GitHubs with their own projects, they go to meetups and network, they show they do more than what college requires.
If anything Berkeley needs to adjust and tell their students what they need to do to stand out in the real world.
I think this is less about AI and more about the job market for entry-level programmers.
In an era when job hopping every 6-12 months is seen as the best way to advance your career, companies are unwilling to invest in entry-level positions because they know they are going to leave in a short time anyway.
For programmers, where the difference between a fresh out of college worker and someone with a few years of experience is huge, it makes sense that companies are trying to skip hiring new graduates and target those with experience.
Multi-year hiring contracts for new grads may be one way to fix this, but it’s not one most new graduates want because that will stifle their chances of advancement by moving to another company.
Isn’t this also part of the reason college students don’t party much anymore.
I vacillate between thinking AI is overrated and it not being perceived as the true threat that it is. Friend of mine did document review and markup for a big government contractor (Maximus).
She was laid off along with several hundred people doing similar work. Their job was automated away. On the one hand that company is now hiring a ton of IT jobs. However, I wonder how long it will be before mid and high skill jobs become automated as well.
I think mid-skill blue collar jobs, like plumbing will be more resilient. Though if you told me that these jobs would be automated by 2050, I’d believe you.
As ai and automation get more advanced, this will become even more common where the jobs people thought were safe will be on the chopping block with no replacement.
Anyone who thinks a trend is irreversible hasn’t been paying attention. Vinyl records made a comeback so no trend is truly irreversible
People saying “oh it’s just students, get some work experience”: it’s not. I’ve got 15 years experience in the industry with a top resume and it still took me nearly a year to find a new position. There is more competition than ever and for fewer jobs. Recruiters used to be banging down my door just to get me on the phone with companies who would scramble for my experience. Now I’m competing for mediocre startup jobs against a bunch of other people who *also* worked at top tech companies and have led teams on successful, visible products. And the truth is I can’t compete against those people when it comes to interviewing, they’re too buttoned up, I’m a sloppy mess. The job market is awful. I can’t imagine what it looks like as a new grad.
The military is alays looking to recruit officers. The Navy and Marines have a huge presence in California, I bet those students didn’t even apply there. They’re missing out in a pretty nice job.
Go learn a trade. AI can’t re-wire an outlet, and you get paid to learn. We need to place 80% of the emphasis we put on college into trades. College needs to take a back seat for a couple generations.
the job market right now is absolutely brutal especially for new grads in tech. I don’t know what the solution is but I’ve yet to hear anyone in authority really talk about the problem in a meaningful way, let alone propose any sort of real way to fix it. Too many people applying to too few jobs many of which are just fake or already have a candidate in mind before they were even listed. this is an unforseen consequence of merging the entire job market into one giant remote market.
So, is this the unavoidable outcome of the Jack Welch Corporate structure? We can no longer tell the difference between the pigs running the farm and the humans buying from the farm.
Maybe. its that Berkley has developed a very bad reputation?
He’s seriously discounting the effects of interest rates. It’s a mistake that most tech people make.
I’m in the construction management industry, and I find the kids with the most impressive grades are the least socially adept. We need people who have phone skills and are not afraid to verbally interact with field personnel.
It’s wild how many young people avoid making phone calls at all cost. Luckily you can identify them in the interview pretty quickly. Some of our interviews are disasters. No eye contact, no talking unless they are asked a question, and no follow up.
Junk article.
An anecdotal account from one person who is commenting. This is not equivalent to a survey that is peer reviewed and backed up with hard data.
Work experience is what we need. Not indoctrinated kids who know it all but can’t make a simple critical decision.
US college graduates without any real world experience cost wayyyy more than near and offshore people with years of experience. The value of an onshore resource is work quality and experience which a recent graduate won’t have. They will have to reset expectations on salary is probably also a factor. AI and offshore are the biggest threats because they are essentially the same animal delivered differently and those of us in industry have NO idea how to bring up new L1s with this current climate.
WTF is this nonsense? Who can’t get hired with a Computer Science degree? I can’t get recruiters to leave me alone.
So who graduated at the bottom of the dot com bubble in 01-03? Or right after Lehman Brothers in 08-09? It’s the same thing. The economy is slow, there has been a period of inflation. These things change.
There are multiple problems at the same time.
1. Degree Mills and Coding Bootcamps created a TON of applicants who are happy to take entry level jobs.
2. Hiring managers get 1000s of applications that are hard to review.
3. Lots of people “Who work in tech” don’t actually have technical skills, so when they say the “tech market is bad” they are talking about something else like HR or Recruiting or Scum Mastering.
4. New grads are risky because you don’t know if they got good grades from grade inflation or from using AI to pass their tests and you don’t know if they are going to start an Anti-Israel chant in the next zoom meeting and refuse to work until your company refuses to work with Israel.
AI is just a mental extension of automation rather than physical that we are all used to by now (since the Industrial Revolution)
My job, used to be mainly tons of people on an assembly line making circuit boards with parts that go through the board. Now, it’s just me making 100x what a human would be capable of producing, but I still need to watch over the machines to make sure they’re functioning properly and taking care of maintenance for said machines. I see AI taking the same path. It’ll be able to do the work of hundreds within a much shorter timeframe, but we will still need to make sure these systems are functioning properly, as well as maintaining them.
LLM has drastically increased the difficulty of getting entry-level jobs in tech. Before LLM, companies were willing to invest in new graduates because at least, there are some values that can be gained from the new grads. For example, you can request them to write documentation on the product, data entry, resolve easy tickets, etc… Before the new grad gains enough experience to meaningfully contribute, the company is always losing money. Then, they’d have to take a gamble whether the new grad would stay at company after 2-3 years.
Now, companies are only hiring senior level employees and let LLM / automation do the entry-level tasks. This trend will only get worse as AI gets more advanced and begin to replace more experienced employees.
People here are mentioning AI, and definitely AI is a contributor to this issue, but for tech I think a larger problem is the venture capital scene. The tech sector used to be dominated by fast-growing former startups and startups. The big players have more or less plateaued. Meanwhile, small startups just aren’t making the splash they used to. VC money is definitely tighter. I think VC has, in general, gotten more cynical. They saw the wave of Facebooks and Googles and wanted in, but the next wave of tech companies didn’t have the sensational returns of the prior generation. With that knowledge, VCs and their investors have pulled back.
Honestly, we need entirely new industries.
We need investment at the federal level.
We need bold strategies to address climate change, to take advantage of the new opportunities with space, mining and tourism.
The United States is making a lot of decisions that are not going to make us more competitive.
When industries don’t have faith in the infrastructure, they’re not going to take chances.
Maybe because it’s Berkeley. Who wants to deal with their crap. They’re impossible
Maybe the business world is tired of snowflake woke tiddy babies that expect everything handed to them on a silver platter , and who makes any want a human right
My response from another sub on the same article:
This has nothing to do with AI taking coding jobs.
The reason hiring market is fucked is because:
1. Rampant overhiring in 2021. Which most still haven’t corrected. FAANGs are like federal government level of bloat and beurocracy. It’s a huge problem. Zuck tried to “flatten the org” and did away with a lot of the waste, now Meta is hiring like mad again. But the rest of them didn’t.
2. To a much lesser extent, spend on GPUs and AI talent. Not only are chips extremely expensive but AI researchers and engineers are in small supply with extremely high demand. OpenAI regularly paying 2M+. That means Meta Google etc also have to pay that much. Basically their AI initiatives are like 10x more expensive than other projects. If budgets are narrow (due to overbloat), they’ll prioritize spending what little they have on AI.
It’s really all about 1 though. Covid overhiring literally ruined FAANG culture. Reallocation to AI would have been fine if it happened 2019.