The truth is that yes, with automation, it will be an easy short-sighted goal to limit all future entry-level hires. In the event that AI becomes sophisticated enough to conduct all non-novel work, the only employable individuals will be ones willing to make decisions (assume you aren't naïve enough to hand this over as well) or discover novel concepts to explore. These are incredibly slim portions of the population. Think founders, PhD minds, and executives.
If this is our trajectory, then the majority of people will become unemployable and the majority of one's life would be spent attempting to cross this hurdle, assuming the AI is not sophisticated enough to also relinquish scarcity.
If you were a company that's buying into the AI hype, you would likely pause all hiring until you figured out how much you can get away with, with these tool. And the truth is that as time progresses, people become more efficient, the expected value of a hire's input increases, not decreases. Problems are harder to solve, paper pushers are less needed, and the entry level becomes tomorrow's mid-level.
There is no solution to this issue, no matter how you look at it. College grads and the unemployable group of society will only increase, unless it becomes clear that adaptability be our strongest trait.
If automation and AI will have its limits, then we'll go back to normal once the interest rates fall. That's the actual news for the unemployed.
And no, your side projects will not get you hired. They never have. Those grads you see with jobs lined up have proven they'll fit into the machine and not complain about it, not that their skills are far superior to their peers. This effect will lessen though, as society gets more complex.
Your big news for the unemployed was try harder?
The truth is that yes, with automation, it will be an easy short-sighted goal to limit all future entry-level hires. In the event that AI becomes sophisticated enough to conduct all non-novel work, the only employable individuals will be ones willing to make decisions (assume you aren't naïve enough to hand this over as well) or discover novel concepts to explore. These are incredibly slim portions of the population. Think founders, PhD minds, and executives.
If this is our trajectory, then the majority of people will become unemployable and the majority of one's life would be spent attempting to cross this hurdle, assuming the AI is not sophisticated enough to also relinquish scarcity.
If you were a company that's buying into the AI hype, you would likely pause all hiring until you figured out how much you can get away with, with these tool. And the truth is that as time progresses, people become more efficient, the expected value of a hire's input increases, not decreases. Problems are harder to solve, paper pushers are less needed, and the entry level becomes tomorrow's mid-level.
There is no solution to this issue, no matter how you look at it. College grads and the unemployable group of society will only increase, unless it becomes clear that adaptability be our strongest trait.
If automation and AI will have its limits, then we'll go back to normal once the interest rates fall. That's the actual news for the unemployed.
And no, your side projects will not get you hired. They never have. Those grads you see with jobs lined up have proven they'll fit into the machine and not complain about it, not that their skills are far superior to their peers. This effect will lessen though, as society gets more complex.