Well, coding-ekals-prosperity promise has officially collapsed.
Recently, according to the Federal Reserve Bank of New York, fresh computer sciences are facing unemployment rates from 6.1% to 6.1% to 7.5% – more than double the experience of big companies of biology and art history. StudyA crushed New York Times Peace Highlight what is happening on the ground.
Personal stories are real. 21-year-old Mansi Mishra graduated from perdue after giving six-up early salary, to get only one interview, in Chipotl. (He did not get a job.) Zach Taylor has applied for about 6,000 technical jobs since graduation from Oregon State in 2023, just 13 interviews and zero offers landing. He was even rejected by McDonald’s for “lack of experience”.
Alleged criminal? AI programming ends junior positions, while Amazon, Meta and Microsoft Slash Jobs. Students say that they are stuck in a “AI Doom Loop” using AI using large-scale applies, while companies use AI to auto-generated, sometimes within minutes.
Thankfully, Mishra did the job work after a cold application. It is not in software engineering.
