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AI Has Ruined the Job Market (www.theatlantic.com)
submitted 3 months ago by to c/technology@lemmy.world
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I'm applying to jobs, and the amount of AI assessments, rounds, AI interviewers, questionnaires, is nuts.

One of these emails for example,

It's rough.

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[–] 25 points 3 months ago (2 children)

Hey, if you’re able to, just wait 6 months. I’m gonna be absolutely shocked if LLM use remains this pervasive after they do the enshitification pricing rug pull. It’s already started, actually. But I’m also pretty sure it’ll get worse after the big players IPO and actually have to start trying to make a profit

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  • [–] 8 points 3 months ago (1 child)

    IMO, those IPOs are going to result in a recession because once the market realizes LLMs are nothing more than unsubstantiated gains, the bottom will fall out just like it did on dotcom.

    Watch, they'll launch to great fanfare, then the prices of AI credits will go up.

    Companies will complain so they'll release something 'revolutionary' that costs a little less, but ultimately costs the AI companies more.

    Once the new LLM loses its fanfare, they will be forced to jack prices up to cover costs and ultimately fail.

    It's a tale as old as the markets.

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