Especially alarming to many has been AI's effect on entry-level jobs. A blockbuster Stanford study in August was especially rattling, as it claimed to find a "significant and disproportionate impact" on entry-level jobs most exposed to AI automation-like software development and customer service-have seen steep relative declines in employment. This came out close to the MIT study that said 95% of generative AI pilots were failing and the somewhat sudden realization that AI could be building toward a bubble.
LinkedIn's chief economic opportunity officer recently warned that AI is "breaking" entry-level jobs that have historically served as stepping stones for young workers. As Aneesh Raman wrote in The New York Times, "Breaking first is the bottom rung of the career ladder." AI tools are performing simple coding and debugging tasks that junior software developers once did to gain experience, along with work that young employees in the legal and retail sectors traditionally handled.