Comment by tamimio

That's the real reason for the job market crisis; it is not AI, it's just corporate greed to have borderline slaves to lower job wages and workers willing to work extra hours for peanuts. AI is just the scapegoat, easy to blame it on something that's still new while also milking investors' money by promising how it will reduce costs and increase profits. If the job market crisis were really from AI, not only should it happen within a few years of adopting such new tech, but we should see its impact on other industries like lawyers, medical doctors, administrators, and lastly on tech workers, not the other way around.

That's why I keep saying and repeating: the tech industry and especially the engineering one should be further regulated and restricted just like other professions out there, otherwise, you are only allowing anyone to scam and game the system with any potential bubble currently happening.