KI könnte Einstiegsjobs vernichten, warnt der Gouverneur der Bank of Canada
AI may be killing entry-level jobs, Bank of Canada governor warns
KI könnte Einstiegsjobs vernichten, warnt der Gouverneur der Bank of Canada
AI may be killing entry-level jobs, Bank of Canada governor warns
28 Kommentare
*Is.* Is killing entry-level jobs.
Yeah, I was planning on trying to hire an intern this summer but literally everything I had in mind for that I have discovered AI can do, at the end of last month. Half my proposed intern projects are now complete.
The way this is going my entire skill set will be obsolete and replaced with AI in a decade. Forced early retirement, here I come.
I’m lucky, I’m in my mid 40s. I dread to think what the AI revolution will do to my younger peers.
So we can turn off the tap on TFW and LMIA now?
I’d say kids are going to have to rely on being online personalities or Onlyfans, but even that is getting drowned out by AI videos and fakes.
Yeah a lot of companies put chat bots or ai bots on the phone to handle transactions
The collections dept where I work is down by 50% staff
Our youth are completely fucked. Between TFW/LMIA and AI, I fear for the world we’re leaving them.
I can’t imagine good things come from having an entire generation be unable to get meaningful work. I see serious potential for civil unrest.
May be? No you pricks it already is.
Holy shit BoC, welcome to 2024.
Quickly, bring in a few million more people under an ever-expanding litany of cheap labor schemes.
I’m sure that’ll make something like UBI that much more likely to succeed.
IT’s going to be hilarious in 5 years when companies are looking for the mid-level and senior people they need, and they realize that they can’t promote their entry-level AIs.
It’s not, you dumb fucks. Shitty management of the economy is killing entry level jobs. Massive amount of immigration and student visas is also killing entry level jobs. It’s not AI. Maybe in the future but it’s not there yet.
„may be“?
No. Is. Fact.
This is why we are supposed to be taxing AI. Put that money towards a monthly general income fund for all Canadians making less than 100k per year.
born too late to explore earth, born too early to explore space, born just in time to have my future get fucked by pedo billionaires and clankers 🫠
Basically a preface for keeping wages down.
in other news, rain is wet
I thought that’s why we were importing TFWs. Maybe now that something is effecting foreigners and not Canadians, the government will do something.
I work in an industry heavily impacted by AI.
The “AI will kill all jobs” narrative is wrong. But it can still have devastating impact on our economy and job market.
Think of it this way: let’s say AI will impact 20% of jobs. You will now have 20% of the workforce trying to get jobs in industries less impacted by AI. Because of high rent and housing prices, people will take anything – that desperation means they’ll be willing to take these other jobs for less pay. Increased competition for these positions also means more unemployment even for people who aren’t in industries impacted by AI.
This is something that needs to be addressed now. It’s going to impact everyone one way or another.
Disruptive technology is always scary, and there’s always some scapegoat for a struggling economy. In reality, new industries and new jobs will appear just as others disappear. BoC also says AI has “the potential to put the economy on a higher path and raise our standard of living.”
AI **combined** with the hundreds of thousands of international students, LMIA, and PGWP holders is what is killing entry level jobs
Federal immigration is as well, where is Bank of Canada to sound the alarm on that?
Yes, that was the entire intent and goal of the AI ghouls.
i have 5 years of experience in my field and a degree from one of canadas best schools (at least a very well known one) and *i* am struggling *very hard* to get a job in this market after going through layoffs twice in the past two years both directly related to company funding going towards „innovation“ aka more ai products. i literally cannot imagine what it must be like for someone who is just starting out and trying to get into pretty much any industry
Within the next 10 years it will read AI killing all jobs. Doesn’t matter, we’re moving to a trades only society.
Can confirm. Got told I can hire 3 junior staff instead of 4. Got told to have my team use AI to make up the difference. Not that that’s significant, but that’s still wild to me considering how bad AI still can be.
HR uses AI to write job descriptions. Candidates use AI to write their resume and cover letter. HR uses AI to read and rate the resume and cover letter. HR hires the candidate recommended by AI algorithm.
New Junior Developer uses AI to write code for module. Senior Dev uses AI to complete code review of junior dev’s work. Bugs aren’t detected because both AI models generate the same slop.
Manager uses AI to write performance review goals. Employee uses AI to fill-in performance self-assessment of those goals. Manager and HR use AI to review employee self-assessment of those goals.
AI recommends that to save money, HR promote Junior Dev to Senior and lay off Senior Dev.
Junior Dev can’t do new job because they couldn’t do old job either. Senior Dev can’t get new job because they’re over qualified for junior AI prompt engineer. Without the institutional knowledge of old Senior Dev, and relying on slop generated by new Senior Dev, business soon fails…
Yeah only if A.I. Stands for Another Indian.
Talked to buddy who’s a lawyer. Major concern about articling and junior associate positions drying up as those roles can be very easily replaced by AI. Their main duties are legal research and drafting legal documents before they’re reviewed by a more senior attorney. On top of that, they’re relatively high paid when compared to similar roles in other industries due to the education/license they have. Can’t think a role more at risk of being replaced by AI. Senior attorneys are (for now) needed to review documents, manage clients, attend court, etc… but what happens when the pipeline to becoming a senior attorney is gone?