It's not very encouraging. According to very recent research from Stanford's Digital Economy Lab, published in August of this year, companies that adopt AI at higher rates are hiring juniors 13% less. Another study from Harvard published in October of this year cites that early-career folks from 22-25 years old, in these same fields, are experiencing greater unemployment while senior hiring remains stable or even growing.
LinkedIn's chief economic opportunity officer recently warned that AI is "breaking" entry-level jobs that have historically served as stepping stones for young workers. As Aneesh Raman wrote in The New York Times, "Breaking first is the bottom rung of the career ladder." AI tools are performing simple coding and debugging tasks that junior software developers once did to gain experience, along with work that young employees in the legal and retail sectors traditionally handled.
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