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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 (www.signalfire.com)

submitted 2 days ago* (last edited 2 days ago) by Pro to c/Technology

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Big Tech: New grads now account for just 7% of hires, with new hires down 25% from 2023 and over 50% from pre-pandemic levels in 2019.

Startups: New grads make up under 6% of hires, with new hires down 11% from 2023 and over 30% from pre-pandemic levels in 2019.

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[–] [email protected] 3 points 2 days ago (1 children)

AI can handle routine, low-risk tasks

Doubt

[–] FizzyOrange 5 points 1 day ago

It can definitely handle some routine low-risk tasks. I've used it for that.

But I also haven't ever worked anywhere where graduates are only given routine low-risk tasks. Does that really happen? In places I've worked they are given non-routine tasks that are probably slightly less complex - in particular not requiring architecting a new system - but not like "reformat this file" or "write a script to clean up my git branches" or whatever.

I would guess this is really unrelated to AI. In fact the graph kind of shows that.