Comment by vkou
What if it contributes to an evisceration of the middle class, instead? Hiring for new grads is already dead because of it, and it's not going to be coming back.
It's having the same sort of impact as unlimited immigration, except that in this case, the workers don't need weekends, or pay taxes.
Hiring new grads is dead because companies are cutting their spending while they wait to see how Trump's erratic behavior shakes out and for interest rates to drop.
AI is making almost no difference in hiring at all.